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How do determine the depreciation for the month

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Reference no: EM132735764

Depreciation by Units-of-activity Method

A diesel-powered tractor with a cost of $320,160 and an estimated residual value of $3,100 is expected to have a useful operating life of 83,000 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: EM132735764

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