Units-of-Output Depreciation

A tractor acquired at a cost of $420,000 has an estimatedresidual valueof $30,000, has an estimated useful life of 25,000 hours, and was operated 1,850 hours during the year. Determine the following. If required, round your answer for the depreciation rate to two decimal places.

(a)The depreciable cost $

(b)The depreciation rate per hour $

(c)The units-of-outputdepreciationfor the year $