Question: 8. EX.09-07.ALGO (Algorithmic) Depreciation by Units-of-activity Method A diesel-powered tractor with a cost of $93,780 and estimated residual value of $7,300 is expected to have

8. EX.09-07.ALGO (Algorithmic) Depreciation by Units-of-activity Method A diesel-powered tractor with a cost of $93,780 and estimated residual value of $7,300 is expected to have a useful operating life of 46,000 hours. During February, the tractor was operated 200 hours. Determine the depreciation for the month. If required, carry out any division to two decimal places

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