#### Question Details

In recent years, Avery Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different

accountant selected the depreciation method for each bus, and various methods were selected. Information concerning the buses is

summarized as follows.

Bus

Acquired

Cost

1

2

3

1/1/12

1/1/12

1/1/13

\$ 95,300

130,000

79,940

Salvage

Value

\$ 6,900

12,000

7,700

Useful Life

in Years

Depreciation

Method

4

5

4

Straight-line

Declining-balance

Units-of-activity

For the declining-balance method, the company uses the double-declining rate. For the units-of-activity method, total miles are expected

to be 120,400. Actual miles of use in the first 3 years were: 2013, 24,000; 2014, 32,900; and 2015, 29,700.

For Bus #3, calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g.

\$0.50.)

\$

Depreciation expense per

mile

per mile

Compute the amount of accumulated depreciation on each bus at December 31, 2014. (Round answers to 0 decimal places, e.g.

\$2,125.)

2014

\$

BUS 1

BUS 2

\$

\$

BUS 3

If bus 2 was purchased on April 1 instead of January 1, what is the depreciation expense for this bus in 2012 and 2013? (Round answers

to 0 decimal places, e.g. \$2,125.)

2012

Depreciation expense

\$

2013

\$

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