Zarzour Company purchased a delivery vehicle at a cost of $60,000. The equipment has an estimated life of 5 years or 100,000 miles and a salvage value of $2,000. 8,000 actual miles were driven during the year. Calculate Zarzour's annual depreciation using the units-of-activity method. DO NOT ROUND your intermediate calculations (rate calculation) but DO ROUND your final answer to two decimals