Exercise 9.13 Units-of-Output Method L.O. 4 During the current year, Airport Auto Rentals purchased 60 new automobiles at a cost of $24,040 per car. The cars will be sold to a wholesaler at an estimated $5,000 each as soon as they have been driven 56,000 km. Airport Auto Rentals computes depreciation expense on its automobiles by the units-of-output method, based on mileage. a. Compute the amount of depreciation to be recognized for each km that a rental automobile is driven. (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Amount of depreciation $ per km b. Assuming that the 60 rental cars are driven a total of 1,820,000 km during the current year, compute the total amount of depreciation expense that Airport Auto Rentals should recognize on this fleet of cars for the year. (Omit the "$" sign in your response.) Total amount of depreciation $