A diesel-powered tractor with a cost of $214,000 and estimated residual value of $30,000 is expected… 1 answer below »

EX 9-10 Depreciation by units-of-output method

A diesel-powered tractor with a cost of $214,000 and estimated residual value of $30,000 is expected to have a useful operating life of 50,000 hours. During January, the tractor was operated 175 hours. Determine the depreciation for the month.

 

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