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Question 11 --/1 View Policies Current Attempt in Progress Carla Vista Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab
Question 11 --/1 View Policies Current Attempt in Progress Carla Vista Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 166,000 miles. Taxi 10 cost $33,500 and is expected to have a salvage value of $300. Taxi 10 was driven 34,000 miles in 2021 and 34,600 miles in 2022. Determine the depreciation cost. (Round answer to 2 decimal places, e.g. 1.25.) per unit Depreciable cost eTextbook and Media Compute the depreciation for each year. 2022 2021 $ $ Depreciation expense
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