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Depreciation by Units-of-Activity Depreciation A diesel-powered tractor with a cost of $245,120 and estimated residual value of $6,600 is expected to have a useful operating

Depreciation by Units-of-Activity Depreciation A diesel-powered tractor with a cost of $245,120 and estimated residual value of $6,600 is expected to have a useful operating life of 89,000 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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