Question 5 0.5/1 View Policies Show Attempt History Current Attempt in Progress Monty Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 154,000 miles. Taxi no. 10 cost $57,240 and is expected to have a salvage value of $1,800. Taxi no. 10 is driven 31,300 miles in year 1 and 24,400 miles in year 2 (a1) Your answer is correct Calculate depreciation cost per mile using unit-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation cost $ 0.36 per mile eTextbook and Media Attempts: 1 of 3 used (a2) Compute the depreciation for each year. (Round answers to 2 decimal places, e.g. 2,125.50.) Year 1 Year 2 $ Depreciation $ eTextbook and Media