CengageNow21 Online teaching and learning resource from Cengage Learning C Chego Study Order Confirmation Chegg.com Book Show Me How Print item Units-of-Activity Depreciation A truck acquired at a cost of $220,000 has an estimated value of $14,300, has an estimated useful life of 34,000 miles, and was driven 3,400 miles during the year. Determine the following. If required, round your answer for the depreciation rate to two decimal places. a. The depreciable cost b. The depreciation rate c. The units-of-activity depreciation for the year per mile Pa Check My Wor Depreciable cost is the difference between the asset's inibal cost and its residual value. The residual value is the estimated value at the end of the useful life. Annual units of production depreciation allocates the cost of the astet equally over the expected productive capacity Chuck My Work Save and Submit Agent for Grading