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Units-of-activity bepreciation A truck acquired at a cost of $230,000 has an estimated residual value of $11,600, has an estimated useful life of 42,000 miles,

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Units-of-activity bepreciation A truck acquired at a cost of $230,000 has an estimated residual value of $11,600, has an estimated useful life of 42,000 miles, and was driven 3,400 miles during the year. Determine the following. If required, round your answer for the depreciation rate to two decimal places. (a) The depeciable cost 3 (b) The depreciation rate is per mile (c) The units-of-activity depreciation for the year 3

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