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Units - of - activity depreciation A truck acquired at a cost of $ 2 2 5 , 0 0 0 has an estimated residual

Units-of-activity depreciation
A truck acquired at a cost of $225,000 has an estimated residual value of $11,100, has an estimated useful life of 46,000
miles, and was driven 4,100 miles during the year. Determine the following. If required, round your answer for the
depreciation rate to two 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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