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Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased...

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Accounting

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 $274,420. Over its 4 year useful life, the bus is expected to be driven 163,000 miles. Salvage value is expected to be $7,100

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