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Depreciation by units-of-activity method A diesel-powered tractor with a cost of $198,040 and an estimated residual value of $8,300 is expected to have a useful

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Depreciation by units-of-activity method A diesel-powered tractor with a cost of $198,040 and an estimated residual value of $8,300 is expected to have a useful operating life of 53,000 hours. During April, the tractor was operated 100 hours. Determine the depreciation for the month. If required, carry out any division to two decimal places

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