A diesel-powered tractor with a cost of $198,040 and an estimated residual value of $8,300 is expected

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A diesel-powered tractor with a cost of $198,040 and an estimated residual value of $8,300 is expected to have a useful operating life of 53,000 hours. During April, the tractor was operated 100 hours.

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

Related Book For answer-question

Corporate Financial Accounting

ISBN: 978-1337272124

15th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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Posted Date: Jun 16, 2022 05:20 AM

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A diesel-powered tractor with a cost of $198,040 and an estimated residual value of $8,300 is expected

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Calculation of depreciation for the month Formula for depreciation usi... View the full answer

Corporate Financial Accounting

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