# In recent years, Novak Transportation purchased three used b e cause of frequent turnover in the...

###### Question:

In recent years, Novak Transportation purchased three used b e cause 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 Cost Useful Life in Years Depreciation Method Acquired 1/1/18 1/1/18 1/1/19 $99,000 110,000 89,000 Salvage Value$5,500 10,500 8,500 Straight-line Declining balance Units of activity 4 For the declining balance method, the company uses the double declining rate for the units of activity method, totalmiles are expected to be 115.000. Actualmiles of use in the first years were 2019, 23,000; 2020, 31,000; and 2021, 30,500.

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