Business, 18.12.2019 00:31 issaaamiaaa15

Kwik taxi service uses the units-of-activity method in computing depreciation on its taxicabs. each cab is expected to be driven 150,000 miles. taxi 10 cost $27,500 and is expected to have a salvage value of $500. taxi 10 was driven 32,000 miles in 2021 and 33,000 miles in 2022.
a. determine the depreciation cost. (round answer to 2 decimal places, e. g. 1.25.)
b. compute the depreciation for each year. (round answers to 0 decimal places, e.g.125.)

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Kwik taxi service uses the units-of-activity method in computing depreciation on its taxicabs. each...

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