A diesel powered tractor with a cost of 250 040 and an estimated residual value of 4 400 is expected to have a useful operating life of 89 000 hours During April the tractor was operated 100 hours Determine the depreciation for the month If required carry out any division to two decimal places 600 X Feedback Check My Work Units of activity method allocates the cost of the asset equally over the hours operated The depreciation rate stays constant