Sandhill Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 157,000 miles. Taxi 10 cost $31,600 and is expected to have a salvage value of $200. Taxi 10 was driven 30,000 miles in 2021 and 34,400 miles in 2022. (a) Your answer is correct. Determine the depreciation cost. (Round answer to 2 decimal places, e.g. 1.25.) LA Depreciable cost 0 20 per unit e Textbook and Media Attempts: 4 of 5 used (b) Compute the depreciation for each year! 2021 2022 Depreciation expense