Riverbed Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $232,544. Over its 7-year useful life, the bus is expected to be driven 137,100 miles. Salvage value is expected to be $7,700.

Compute the depreciable cost per unit. (Round answer to 2 decimal places, e.g. 0.50.)

Depreciation cost per unit.

$enter the depreciation cost in dollars per mile rounded to 2 decimal places per mile