Question: Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $255,055. Over

$255,055. Over its 4-year useful life, the bus is expected to be

Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $255,055. Over its 4-year useful life, the bus is expected to be driven 169.900 miles Salvage value is expected to be $8,700 (a) Your answer is correct Compute the depreciable cost per unit. (Round answer to 2 decimal places, es, 0.50.) Depreciable cost per unit $ 1.45 per mile e Textbook and Media Attempts: 1 of 4 used (b) Prepare a depreciation schedule assuming actual mileage was: 2022, 51.900: 2023, 56,000: 2024, 36,000; and 2025, 26,000. (Round cost per unit to 2 decimal places, eg. 15.25 and all other answers to decimal places, eg. 5.275.) Prepare a depreciation schedule assuming actual mileage was: 2022,51,900; 2023,56,000; 2024, 36,000; and 2025, 26,000 (Round cost per unit to 2 decimal places, eg. 15.25 and all other answers to decimal places, eg. 5,275.) Computation Units of Activity Year Annual Depreciation Expense Depreciable Cost/Unit Accumulat Depreciati 2022 $ $ 2023 I 2024 2025 e Textbook and Media Prepare a depreciation schedule assuming actual mileage was: 2022, 51.900:2023, 56,000; 2024, 36,000 and 2025, 26,000. (Round cost per unit to 2 decimal places, eg. 15.25 and all other answers to decimal places, eg. 5,275.) End of Year Depreciable Cost/Unit Annual Depreciation Expense Accumulated Depreciation Book Value $

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