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Carla Vista uses the units-of-production method to calculate depreciation on its taxicabs. Each cab is expected to be driven 337,300 km over its life. Taxi
Carla Vista uses the units-of-production method to calculate depreciation on its taxicabs. Each cab is expected to be driven 337,300 km over its life. Taxi 10 was purchased on March 1, 2020, for $34,200 and is expected to have a residual value of $470. Taxi 10 was driven 104,290 km in 2020 and 134,140 km in 2021. Carla Vista has a December 31 year end. Calculate the depreciation expense on Taxi 10 for 2020 and 2021. Year 2020 $ 2021 $ LA Depreciation expense 4 Carla Vista uses the units-of-production method to calculate depreciation on its taxicabs. Each cab is expected to be driven 337,300 kmover its life. Taxi 10 was purchased on March 1,2020, for $34,200 and is expected to have a residual value of $470. Taxi 10 was driven 104,290km in 2020 and 134,140km in 2021 . Carla Vista has a December 31 year end. Calculate the depreciation expense on Taxi 10 for 2020 and 2021
Carla Vista uses the units-of-production method to calculate depreciation on its taxicabs. Each cab is expected to be driven 337,300 km over its life. Taxi 10 was purchased on March 1, 2020, for $34,200 and is expected to have a residual value of $470. Taxi 10 was driven 104,290 km in 2020 and 134,140 km in 2021. Carla Vista has a December 31 year end. Calculate the depreciation expense on Taxi 10 for 2020 and 2021. Year 2020 $ 2021 $ LA Depreciation expense 4
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