(a) Calculate depreciation cost per mile using unit-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.)

Depreciation cost $____ per mile. (Year 1)

Depreciation cost $____ per mile. (Year 2)

Riverbed Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 153.000 miles. Taxi no. 10 cost $43.510 and is expected to have a salvage value of $2.200. Taxi no. 10 was driven 35,200 miles in 2022 and 21,300 miles in 2023