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Determine the depreciation for the month

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Reference no: EM132682126

Problem - Depreciation by units-of-production method

A diesel-powered tractor with a cost of $185,000 and estimated residual value of $37,000 is expected to have a useful operating life of 40,000 hours. During February, the tractor was operated 140 hours. Determine the depreciation for the month.

Reference no: EM132682126

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