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Show Attempt History Current Attempt in Progress Oriole Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected
Show Attempt History Current Attempt in Progress Oriole Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 166,000 miles. Taxi 10 cost $30,180 and is expected to have a salvage value of $300. Taxi 10 was driven 35,000 miles in 2024 and 31,600 miles in 2025. (a) Your answer is correct. Determine the depreciation cost per mile. (Round answer to 2 decimal places, e.g. 1.25.) Depreciable cost $ eTextbook and Media 0.18 per mile
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