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Deprecation by Units-of-Activity Deprecation A diesel-powered tractor with a cost of $151,000 and estimated residual value of $2,500 is expected to have a useful operating

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Deprecation by Units-of-Activity Deprecation A diesel-powered tractor with a cost of $151,000 and estimated residual value of $2,500 is expected to have a useful operating life of 45,000 hours. During November, the tractor was operated 300 hours Determine the depreciation for the month Carry out any division to two decimal places

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