Question: Calculator Print Item Units-of-activity Depreciation A truck acquired at a cost of $160,000 has an estimated residual value of $11,200, has an estimated useful life

 Calculator Print Item Units-of-activity Depreciation A truck acquired at a cost

Calculator Print Item Units-of-activity Depreciation A truck acquired at a cost of $160,000 has an estimated residual value of $11,200, has an estimated useful life of 32,000 miles, and was driven 2,600 miles during the year. Determine the following. If required, round your answer for the deprecdation rate to two decimal places. (a) The depreciable cost (b) The depreciation rate (c) The units-of-activity depreciation for the year per mile

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