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Riverbed Taxi 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

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Riverbed Taxi 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 $2,200. Taxi no. 10 is driven 35,200 miles In year 1 and 21,300 miles in year 2. Year 1 Year 2 Depreciation $ $

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