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Units - of - activity depreciation A truck acquired at a cost of $ 8 0 , 0 0 0 has an estimated residual value

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Units-of-activity depreciation
A truck acquired at a cost of $80,000 has an estimated residual value of $8,000, has an estimated useful life of 200,000 miles, and was driven 18,000 miles during the year. Determine the following. If required, round your answer for the depreciation rate to 2 decimal places.
(a) The depreciable cost
(b) The depreciation rate
(c) The units-of-activity depreciation for the year
$ per mile
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