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Calculate depreciable cost per mile

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Question - Pina Colada Corp. purchased a delivery truck for $38,000 on January 1, 2022. The truck has an expected salvage value of $7,000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 12,400 in 2022 and 14,900 in 2023. Calculate depreciable cost per mile under units-of-activity method.

Reference no: EM132759455

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