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View Policies Current Attempt in Progress Cullumber Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be

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View Policies Current Attempt in Progress Cullumber Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 167,000 miles. Taxi 10 cost $33,800 and is expected to have a salvage value of $400. Taxi 10 was driven 36,000 miles in 2021 and 35,000 miles in 2022. Determine the depreciation cost. (Round answer to 2 decimal places, eg. 1.25) Depreciable costs per unit e Textbook and Media Compute the depreciation for each year. 2021 2022 Depreciation expense $ e Textbook and Media Save for Liter Attempts: 0 of 3 used Submit

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