In recent years, Sonya 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 below.
Bus
Acquired
Cost
Salvage Value
Useful Life in Years
Depreciation Method
1
1/1/10
$  102,200
$  6,600
4
Straight-line
2
1/1/10
194,000
12,100
5
Declining-balance
3
1/1/11
71,018
8,900
5
Units-of-activity
For the declining-balance method, the company uses the double-declining rate. For the units-ofactivity method, total miles are expected to be 121,800 . Actual miles of use in the first 3 years were: 2011, 26,900 ; 2012,  32,600 ; and 2013,  31,800 .
(a) Compute the amount of accumulated depreciation on each bus at December 31, 2012. (Round answers to 0 decimal places, e.g. $2,125. Enter amounts in relevant fields only. Leave other fields blank, do not enter 0.)
2010
2011
2012
BUS 1
$
$
$
BUS 2
$
$
$
BUS 3
$
$
$
(b) If bus no. 2 was purchased on April 1 instead of January 1, what is the depreciation expense for this bus in 2010 and 2011? (Round answers to 0 decimal places, e.g. $2,125.)
2010
2011
Depreciation expense
$
$
On January 1, 2012, the ledger of Montoya Company contains the following liability accounts.
Accounts Payable
$52,820
Sales Taxes Payable
7,900
Unearned Service Revenue
18,860
During January, the following selected transactions occurred.
Jan. 5
Sold merchandise for cash totaling $14,580, which includes 8% sales taxes.
12
Provided services for customers who had made advance payments of $10,900. (Credit Service Revenue.)
14
Paid state revenue department for sales taxes collected in December 2011 ($7,900).
20
Sold 790 units of a new product on credit at $50 per unit, plus 8% sales tax. This new product is subject to a 1-year warranty.
21
Borrowed $22,500 from DeKalb Bank on a 3-month, 8%,…