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Waterways Tours uses the units - of - activity method in depreciating its tour boats. One boat was purchased on January 1 , 2 0
Waterways Tours uses the unitsofactivity method in depreciating its tour boats. One boat was purchased on January at a cost of $ Over its fouryear useful life, the boat is expected to be driven miles. The salvage value is expected to be $InstructionsaCompute the depreciation cost per unit. bPrepare a depreciation schedule assuming actual mileage was: : :; and
Waterways Tours uses the unitsofactivity method in depreciating its tour boats. One boat was purchased on January at a cost of $ Over its fouryear useful life, the boat is expected to be driven miles. The salvage value is expected to be $InstructionsaCompute the depreciation cost per unit. bPrepare a depreciation schedule assuming actual mileage was: : :; and
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