Rosco Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 156,000 miles. Taxi no. 10 cost $38,000 and is expected to have a salvage value of $760. Taxi no. 10 is driven 28,000 miles in year 1 and 18,400 miles in year 2. Calculate depreciation cost per mile using unit-of-activity method. Compute the depreciation for each year.By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor