Question: Ayayai Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 150,000 miles. Taxi no. 10

Ayayai Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 150,000 miles. Taxi

Ayayai Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 150,000 miles. Taxi no. 10 cost $45,500 and is expected to have a salvage value of $500. Taxi no. 10 was driven 28,000 miles in 2022 and 18,000 miles in 2023. (a1) Your answer is incorrect. Calculate depreciation cost per mile using unit-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation cost $ per mile Compute the depreciation for each year

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