Question: PE 10-2B Units-of-Activity Depreciation Obj. 2 EE 10-2 A tractor acquired at a cost of $678,000 has an estimated residual value of $48,000, has an

PE 10-2B Units-of-Activity Depreciation Obj. 2 EE 10-2 A tractor acquired

PE 10-2B Units-of-Activity Depreciation Obj. 2 EE 10-2 A tractor acquired at a cost of $678,000 has an estimated residual value of $48,000, has an estimated useful life of 45,000 hours, and was operated 3,330 hours during the year. Determine (a) the depreciable cost, (b) the depreciation rate, and (c) the units-of-activity depreciation for the year

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