Question: EX 10-7 Depreciation by units-of-activity method A diesel-powered tractor with a cost of $90,000 and estimated residual value of $15,000 is expected to have a

cost of $90,000 and estimated residual value of $15,000 is expected to

have a useful operating life of 30,000 hours. During April, the tractor

was operated 120 hours. Determine the depreciation for the month. OBJ.2

EX 10-7 Depreciation by units-of-activity method A diesel-powered tractor with a cost of $90,000 and estimated residual value of $15,000 is expected to have a useful operating life of 30,000 hours. During April, the tractor was operated 120 hours. Determine the depreciation for the month. OBJ.2

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