BE10-6 Speedy 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 no. 10 cost $33,500 and is expected
to have a salvage value of $500.Taxi no. 10 is driven 30,000 miles in year 1 and 20,000 miles
in year 2.
Compute the depreciation for each year.
No comments:
Post a Comment