A diesel-powered tractor with a cost of $193,000 and an estimated residual value of $2,500 is expected to have a useful operating life of 75,000 hours. During April, the tractor was operated 100 hours. Determine the depreciation for the month. If required, carry out any division to two decimal places.$fill in the blank 1

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 8E
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A diesel-powered tractor with a cost of $193,000 and an estimated residual value of $2,500 is expected to have a useful operating life of 75,000 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.
$fill in the blank 1

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