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Whippet bus lines uses the units-of-activity method in depreciating its buses. one bus was purchased on january 1, 2022, at a cost of $100,000. over its 4-year useful life, the bus is expected to be driven 160,000 miles. salvage value is expected to be $8,000.
compute the depreciation cost per unit. (round answer to 3 decimal places, e. g. 6.251)
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