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The price of a corporate limo purchased by Bob's Limos was $42,900. Its salvage value after operating for 90,000 miles is $5,577. Based on the
The price of a corporate limo purchased by Bob's Limos was $42,900. Its salvage value after operating for 90,000 miles is $5,577. Based on the given annual usage, prepare a UOP (Units-of-Production) depreciation schedule, then enter the annual depreciation for year 5 as your answer. (Round all amounts to the nearest cent) Years Miles 1 17,175 2 22,264 3 21,840 4 19,508 5 25,233 Group of answer choices $10,597.86 $8,831.55 $4,200.33 $6,788.32
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