Riverbed Tax Service uses the units of activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 153,000 miles. Taxi no 10 cost $43,510 and is expected to have a salvage value of $2.2001 Thi no. 10 is driven 35.200 miles in year 1 and 21,300 miles in year 2. Calculate depreciation cost per mile using unit of activity method. (Round answer to 2 decimal places, ..0.50) Depreciation cost $ per mile Compute the depreciation for each year, (Round answers to 2 decimal places, eg 2.125.50 Year 1 Year 2 Depreciation 5 S Swifty Mining Co. purchased for $8,767.800 a mine that is estimated to have 48,710,000 tons of ore and no salvage value. In the first year, 2,830,000 tons of ore are extracted. Calculate depletion cost per unit. (Round answer to 2 decimal places, e.3.0.50.) Depletion cost per unit $ perton Prepare the journal entry to record depletion for the first year. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit Show how this mine is reported on the balance sheet at the end of the first year, Swifty Mining Co. Balance Sheet (Partial)