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Depreciation by units-of-activity method A diesel-powered tractor with a cost of $171,820 and an estimated residual value of $5,500 is expected to have a useful

Depreciation by units-of-activity method A diesel-powered tractor with a cost of $171,820 and an estimated residual value of $5,500 is expected to have a useful operating life of 54,000 hours. During April, the tractor was operated 300 hours. Determine the depreciation for the month. If required, carry out any division to two decimal places

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