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A diesel-powered tractor with a cost of $215,000 and estimated residual value of $27,000 is expected to have a useful operating life of 80,000 hours.
A diesel-powered tractor with a cost of $215,000 and estimated residual value of $27,000 is expected to have a useful operating life of 80,000 hours. During October, the generator was operated 380 hours. Determine the depreciation for the month.
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