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Depreciation by Units-of-Activity Depreciation A diesel-powered tractor with a cost of $151,000 and estimated residual value of $3,500 is expected to have a useful operating

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Depreciation by Units-of-Activity Depreciation A diesel-powered tractor with a cost of $151,000 and estimated residual value of $3,500 is expected to have a useful operating life of 59,000 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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