Question: Sunland Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 161000 miles. Taxd 10 cost

Sunland Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 161000 miles. Taxd 10 cost $32,800 and is expected to have a salvage value of $600. Taxi 10 was driven 30,000 miles in 2021 and 34 300 miles in 2022 Determine the depreciation cost. (Round answer to 2 decimal places, eg. 1.25.) per unit Depreciable cost e Textbook and Media Compute the depreciation for each year. 2021 2022 Oriole Company purchased a new machine on October 1, 2022. at a cost of $68.880. The company estimated that the machine has a salvage value of $5.940. The machine is expected to be used for 48 880 working hours during its 6-year life. Compute the depreciation expense under the straight-line method for 2022 and 2023 assuming a December 31 year-end (Round answers to 2 decimal places, eg. 5,275.25.) 2022 2023 The depreciation expense under the straight-line method S
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