College Accounting, Chapters 1-27
College Accounting, Chapters 1-27
23rd Edition
ISBN: 9781337794756
Author: HEINTZ, James A.
Publisher: Cengage Learning,
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Question
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Determine the depreciation for the month?

A diesel-powered tractor with a cost of $176,460 and an estimated residual value of $8,200 is expected to have a useful operating life of 47,000 hours. During April, the tractor was operated for 100 hours. Determine the depreciation for the month.
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Transcribed Image Text:A diesel-powered tractor with a cost of $176,460 and an estimated residual value of $8,200 is expected to have a useful operating life of 47,000 hours. During April, the tractor was operated for 100 hours. Determine the depreciation for the month.
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