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Determine the units-of-activity depreciation for the year

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Reference no: EM132752933

Problem - A tractor acquired at a cost of $420,000 has an estimated residual value of $30,000, has an estimated useful life of 25,000 hours, and was operated 1,850 hours during the year. Determine (a) the depreciable cost. (b) the depreciation rate. (c) the units-of-activity depreciation for the year.

Reference no: EM132752933

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