Question: Kwik Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 151,000 miles. Taxi 10 cost

Kwik Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 151,000 miles. Taxi 10 cost $23,600 and is expected to have a salvage value of $400, Taxi 10 was driven 27.000 miles in 2016 and 30,100 miles in 2017 Your answer is incorrect Determine the depreciation cost. (Round answer to 2 decimal places, e.g. 1.25.) Depreciable cost $ per unit eTextbook and Media Your answer is incorrect Compute the depreciation for each year. (Round answers to decimal places, s. 125.) 2016 2017 Depreciation expense S

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