Sarasota Company acquires a delivery truck at a cost of $77,000. The truck is expected to have a salvage value of $8,000 at the end of its 5-year useful life. Assuming the declining-balance depreciation rate is double the straight-line rate, compute annual depreciation for the first and second years under the declining-balance method. Year 1 Year 2 Annual depreciation expense $ GA $ Pina Colada 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 $63,200 and is expected to have a salvage value of $2,000. Taxi no. 10 is driven 35,300 miles in year 1 and 20,400 miles in year 2. (a1) Calculate depreciation cost per mile using unit-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation cost GA per mile