Question: please solve this ques3 ASAP Cullumber uses the units-of-production method to calculate depreciation on its taxicabs. Each cab is expected to be driven 349,200 km

 please solve this ques3 ASAP Cullumber uses the units-of-production method to

please solve this ques3 ASAP

Cullumber uses the units-of-production method to calculate depreciation on its taxicabs. Each cab is expected to be driven 349,200 km over its life. Taxi 10 was purchased on March 1, 2020, for $35,450 and is expected to have a residual value of $530. Taxi 10 was driven 110,410km in 2020 and 132,240 km in 2021. Cullumber has a December 31 year end. Calculate the depreciation expense on Taxi 10 for 2020 and 2021

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