Question: Blue Spruce Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 157,000 miles. Taxi

its taxicabs. Each cab is expected to be driven 157,000 miles. Taxi

no. 10 cost $64,030 and is expected to have a salvage value

Blue Spruce Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 157,000 miles. Taxi no. 10 cost $64,030 and is expected to have a salvage value of $2,800. Taxi no. 10 was driven 31,800 miles in 2022 and 19,100 miles in 2023. (a1) Your answer is correct. Calculate depreciation cost per mile using unit-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation cost +A $ 0.39 per mile (a2) Compute the depreciation for each year. Depreciation A 2022 A 2023

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