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Wildhorse uses the units-of-production method to calculate depreciation on its taxicabs. Each cab is expected to be driven 340,400 km over its life. Taxi 10

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Wildhorse uses the units-of-production method to calculate depreciation on its taxicabs. Each cab is expected to be driven 340,400 km over its life. Taxi 10 was purchased on March 1,2020 , for $34,560 and is expected to have a residual value of $520. Taxi 10 was driven 100,590km in 2020 and 116,910km in 2021 . Wildhorse has a December 31 year end. Calculate the depreciation expense on Taxi 10 for 2020 and 2021

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