Question: Current Attempt in Progress Crane Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 140,000

 Current Attempt in Progress Crane Taxi Service uses the units-of-activity method

Current Attempt in Progress Crane Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 140,000 miles. Taxi 10 cost $28,300 and is expected to have a salvage value of $300. Taxi 10 was driven 28,000 miles in 2021 and 33,600 miles in 2022. (a) Determine the depreciation cost. (Round answer to 2 decimal places, eg. 1.25.) $ Depreciable cost per unit e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above

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