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Blossom Taxi Service uses the units - of - activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 1

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Blossom Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 140,000 miles. Taxi 10 cost $25,400 and is expected to have a salvage value of $200. Taxi 10 was driven 27,000 miles in 2024 and 30,000 miles in 2025.
(a)
Your answer is correct.
Determine the depreciation cost per mile. (Round answer to 2 decithal places, eg.1.25.)
Depreciable cost $ per mile
eTextbook and Media
Attempts: 2 of 3 used
(b)
Compute the depreciation for each year.
2024
2025
Depreciation expense
$
$
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