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A diesel-powered tractor with a cost of $266,060 and an estimated residual value of $7,100 is expected to have a useful operating life of 83,000

A diesel-powered tractor with a cost of $266,060 and an estimated residual value of $7,100 is expected to have a useful operating life of 83,000 hours. During April, the tractor was operated 300 hours.

Determine the depreciation for the month. If required, carry out any division to two decimal places. $fill in the blank 1

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