They are 2 different problems Wildhorse taxi service is one problem the other is Oriole company is another

Wildhorse Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 146,000 miles. Taxi 10 cost $29,500 and is expected to have a salvage value of $300. Taxi 10 was driven 30,000 miles in 2021 and 34,400 miles in 2022. Determine the depreciation cost. (Round answer to 2 decimal places, e.g. 1.25.) Depreciable cost ! per unit e Textbook and Media Compute the depreciation for each year. 2021 2022 Depreciation expense $ Oriole Company sells office equipment on July 31, 2022, for $20,280 cash. The office equipment originally cost $78,950 and as of January 1, 2022, had accumulated depreciation of $38,410. Depreciation for the first 7 months of 2022 is $4,410. Prepare the journal entries to (a) update depreciation to July 31, 2022, and (b) record the sale of the equipment. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) No. Account Titles and Explanation Debit Credit