Depreciation by Units-of-activity Method A diesel-powered tractor with a cost of $120,000 and an estimated residual value of $16,400 is expected to have a useful operating life of 28,000 hours. During April, the tractor was operated 150 hours. Determine the depreciation for the month. Carry out any division to two decimal places.

Depreciation by Units-of-activity Method A diesel-powered tractor with a cost of $120,000 and an estimated residual value of $16,400 is expected to have a useful operating ife of 28,000 hours, During Apri, the tractor was operated 150 hours. Determine the depreciation for the month, Carry out any division to two decimal places. 4 Depreciation by Units-of-activity Method A diesel-powered tractor with a cost of $120,000 and an estimated residual value of $16,400 is expected to have a useful operating ife of 28,000 hours, During Apri, the tractor was operated 150 hours. Determine the depreciation for the month, Carry out any division to two decimal places. 4