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Depreciation by Units-of-activity Method A diesel-powered tractor with a cost of $177,000 and estimated residual value of $3,100 is expected to have a useful operating

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Depreciation by Units-of-activity Method A diesel-powered tractor with a cost of $177,000 and estimated residual value of $3,100 is expected to have a useful operating life of 47,000 hours. During February, the tractor was operated 300 hours: Determine the depreciation for the month, If required, carry ou ary division to two decimal piaces

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