Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2019, at a cost of $205,860. Over its 4-year useful life, the bus is expected to be driven 141,400 miles. Salvage value is expected to be $7,900.

Prepare a depreciation schedule assuming actual mileage was: 2019, 28,400; 2020, 34,000; 2021, 51,000; and 2022, 28,000.

Exercise 9-5 Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2019, at a cost of $205,860. Over its 4-year useful life, the bus is expected to be driven 141,400 miles. Salvage value is expected to be $7,900. Compute the depreciable cost per unit. (Round answer to 2 decimal places, e.g. 0.50.) Depreciable cost per unit 197960 per mile LINK TO TEXT VIDEO: APPLIED SKILLS Prepare a depreciation schedule assuming actual mileage was: 2019, 28,400; 2020, 34,000; 2021, 51,000; and 2022, 28,000 (Round cost per unit to 2 decimal places, e.g. 15.25 and all other answers to 0 decimal places, e.g. 5,275) Computation End of Year Annual Units of Depreciable Depreciation Accumulated Depreciation Book Value Year Activity x Cost /Unit Expense 2019 49490 2020 2021 2022