Question: Depreciation by units-of-activity method A diesel-powered tractor with a cost of $147,380 and an estimated residual value of $4,000 is expected to have a useful

Depreciation by units-of-activity method

A diesel-powered tractor with a cost of $147,380 and an estimated residual value of $4,000 is expected to have a useful operating life of 67,000 hours. During April, the tractor was operated 300 hours.

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

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