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compute the depreciation for each year CALCULATOR PRINTER VERSOM HACK Sheffield Tax Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab

image text in transcribedcompute the depreciation for each year
CALCULATOR PRINTER VERSOM HACK Sheffield Tax Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 152,000 miles. Taxi no. 10 cost $19,520 and is expected to have a salvage value of $2,400. Taxi no. 10 is driven 35,200 miles in year 1 and 25,300 miles in year 2 NEXT (1) Your answer is correct. Calculate depreciation cost per mile using unit-of-activity method. (Round answer to 2 decimal places, ... 0.50.) Depreciation cost 0.31 per mile Click If you would like to Show Work for this question: Open Show Work SHOW SOLUTION Attempts: 1 of 15 used (2) x Your answer is incorrect. Try again. Compute the depreciation for each year. (Round answers to 2 decimal places . 2.125.50.) Year 1 Year 2 Police 10200022021laW a nns All Rights Reserved A Division o n Sign out US #6:58

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