Question: Units-of-activity depreciation 2. BE 09-02 3. BE.09-03 4. DE.09.09 A truck acquired at a cost of $69,000 has an estimated residual value of $12,000, has
Units-of-activity depreciation 2. BE 09-02 3. BE.09-03 4. DE.09.09 A truck acquired at a cost of $69,000 has an estimated residual value of $12,000, has an estimated useful life of 300,000 miles, and was driven 77,000 miles during the year. Determine the following. If required, round your answer for the depreciation rate to 2 decimal places. 5. BE 10-01 6. BE.10-03 7. BE.10-04 (a) The depreciable cost per mi (b) (c) The depreciation rate The units-of-activity depreciation for the year
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