Question
A diesel-powered tractor with a cost of $219,240 and estimated residual value of $3,400 is expected to have a useful operating life of 71,000 hours.
A diesel-powered tractor with a cost of $219,240 and estimated residual value of $3,400 is expected to have a useful operating life of 71,000 hours. During November, the tractor was operated 300 hours.
Determine the depreciation for the month. Carry out any division to two decimal places. $fill in the blank 1
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Using Accounting & Financial InformationAnalyzing, Forecasting, And Decision Making
Authors: Mark S. Bettner
2nd Edition
1947098683, 9781947098688
