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A diesel-powered tractor with a cost of $219, 420 and estimated residual value of $6, 900 is expected to have a useful operating life of

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A diesel-powered tractor with a cost of $219, 420 and estimated residual value of $6, 900 is expected to have a useful operating life of 77,000 hours. During February, the tractor was operated 100 hours. Determine the depreciation for the month. If required, carry out any division to two decimal places. $

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