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 is driven 31,800 miles in year 1 and 19,100 miles in year 2.

Depreciation cost per mile is 0.39

Compute the depreciation for each year. (Round answers to 2 decimal places, e.g. 2,125.50.)

		Year 1		Year 2
Depreciation		$		$