Question: Depreciation by Units-of-Activity Depreciation A diesel-powered tractor with a cost of $202,180 and estimated residual value of $5,500 is expected to have a useful operating

Depreciation by Units-of-Activity Depreciation

A diesel-powered tractor with a cost of $202,180 and estimated residual value of $5,500 is expected to have a useful operating life of 66,000 hours. During November, the tractor was operated 100 hours.

Determine the depreciation for the month. Carry out any division to two decimal places.

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