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Depreciation by Units-of-Activity Depreciation A diesel-powered tractor with a cost of $171,300 and estimated residual value of $8,100 is expected to have a useful
Depreciation by Units-of-Activity Depreciation A diesel-powered tractor with a cost of $171,300 and estimated residual value of $8,100 is expected to have a useful operating life of 48,000 hours. During November, the tractor was operated 200 hours. Determine the depreciation for the month. Carry out any division to two decimal places.
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Corporate Financial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
14th edition
130565353X, 978-1305887510, 1305887514, 978-1305653535
