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Determine the depreciation for the month for diesel-powered

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A diesel-powered tractor with a cost of $124,360 and an estimated residual value of $8,200 is expected to have a useful operating life of 66,000 hours. During April, the tractor was operated 300 hours.

Problem 1: Determine the depreciation for the month. If required, carry out any division to two decimal places.

Reference no: EM132768779

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