Question: Depreciation by units-of-output method OBJ. 2 A diesel-powered tractor with a cost of $180,000 and estimated residual value of $18,000 is expected to have a

Depreciation by units-of-output method OBJ. 2 A diesel-powered tractor with a cost of $180,000 and estimated residual value of $18,000 is expected to have a useful operating life of 36,000 hours. During February, the tractor was operated 156 hours. Determine the depreciation for the month.

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