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Question: brief exercise 914 part level submission kwik taxi service uses...

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Brief Exercise 9-14 (Part Level Submission) Kwik Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 141,000 miles. Taxi 10 cost $25,200 and is expected to have a salvage value of $500. Taxi 10 was driven 28,000 miles in 2016 and 30,900 miles in 2017 7 (a Determine the depreciation cost. (Round answer to 2 decimal places, e.g. 1.25.) Depreciable cost Click if you would like to Show Work for this question: per unit Open Show Work

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