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Carta 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
Carta 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 134 140 km in 2020 and 104.290 km in 2021. Carla Vista has a December 31 year end. Calculate the depreciation expense on Tav 10 for 2020 and 2021. Carta 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 134 140 km in 2020 and 104.290 km in 2021. Carla Vista has a December 31 year end. Calculate the depreciation expense on Tav 10 for 2020 and 2021
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