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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
Blossom Taxi Service uses the unitsofactivity method in computing depreciation on its taxicabs. Each cab is expected to be driven miles. Taxi cost $ and is expected to have a salvage value of $ Taxi was driven miles in and miles in
a
Your answer is correct.
Determine the depreciation cost per mile Round answer to decimal places, eg
Depreciable cost $ per mile
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b
Compute the depreciation for each year.
Depreciation expense
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