Units$-$of$-$Activity Depreciation

A truck acquired at a cost of $$202,800$ has an est$$mated residual value of $$18,000,$ has an est$$mated useful life of $440,000$ miles, and was driven $113,000$ 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

$

$ per mile

c$.$ The units$-$of$-$activity depreciation for the year

$