Depreciation by Units-of-activity Method A diesel-powered tractor with a cost of $333,800 and an estimated residual value of $4,800 is expected to have a useful operating life of 94,000 hours

Business Dec 10, 2021

Depreciation by Units-of-activity Method A diesel-powered tractor with a cost of $333,800 and an estimated residual value of $4,800 is expected to have a useful operating life of 94,000 hours. During April, the tractor was operated 200 hours. Determine the depreciation for the month. If required, carry out any division to two decimal places. $