Question: Cullumber Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is erpected to be driven 146,000 miles. Taxi 10 cost

its taxicabs. Each cab is erpected to be driven 146,000 miles. Taxi

Cullumber Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is erpected to be driven 146,000 miles. Taxi 10 cost $26 , 580 and is expected to have a salvage value of $300 . Taxi 10 was driven 29,000 miles in 2024 and 34,500 miles in 2025. (a) Determine the depreciation cost per mile. (Round answer to 2 decimal ploces e. . 1.25. Depreciable cost permile

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