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View Policies Show Attempt History Current Attempt in Progress Monty Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is

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View Policies Show Attempt History Current Attempt in Progress Monty Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 145,000 miles. Taxi 10 cost $39,000 and is expected to have a salvage value of $1,300. Taxi 10 was driven 31,000 miles in 2021 and 21,000 miles in 2022. (a1) Your answer is correct. Calculate depreciable cost per mile using unit-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciable cost $ 0.26 per mile e Textbook and Media Attempts: 1 of 5 used (2) Compute the depreciation for each year. Year 1 Year 2 Depreciation $ rhaaland odio

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