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Question 11 --/1 View Policies Current Attempt in Progress Carla Vista Taxi Service uses the units-of-activity method in comp

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Answer #1

Depreciation cost = (Cost - Salvage value) /Useful life

= (33,500-300)/166,000

= 0.2

Depreciation expense

2021

= 0.2*34,000

= 6,800

2022

= 0.2*34,600

= 6920

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