Question: Blossom uses the units-of-production method to calculate depreciation on its taxicabs. Each cab is expected to be driven 320,300km over its life. Taxi 10 was

Blossom uses the units-of-production method to calculate depreciation on its taxicabs. Each cab is expected to be driven 320,300km over its life. Taxi 10 was purchased on March 1,2020, for $32,580 and is expected to have a residual value of $550. Taxi 10 was driven 104,470km in 2020 and 137,180km in 2021. Blossom has a December 31 year end. Calculate the depreciation expense on Taxi 10 for 2020 and 2021

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