Pharoah Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 148,000 miles. Taxi 10 cost $27,240 and is expected to have a salvage value of $600. Taxi 10 was driven 33,000 miles in 2024 and 30,900 miles in 2025 . (a) X Your answer is incorrect. Determine the depreciation cost per mile. (Round answer to 2 decimal places, es. 1.25.) Depreciable cost $ per mile