A diesel-powered tractor with a cost of $90,000 and estimated residual value of $15,000 is expected to have a useful operating life of 30,000 hours. During April, the tractor was operated 120 hours. Determine the depreciation for the month.

Copy equipment was acquired at the beginning of the year at a cost of $41,560 that has an estimated residual value of $3,800 and an estimated useful life of 5 years. It is estimated that the machine will output an estimated 944,000 copies. This year, 271,000 copies were made. Determine the (a) depreciable cost, (b) depreciation rate, and (c) units-of-activity depreciation for the year. Round "depreciation rate" to two decimal places. a.  Depreciable cost $fill in the blank 1   b.  Depreciation rate fill in the blank 2 per copy c.  The units-of-output depreciation for the year $fill in the blank 3

A truck with a cost of $123,000 has an estimated residual value of $24,000, has an estimated useful life of 12 years, and is depreciated by the straight-line method. a.  Determine the amount of the annual depreciation.$ b.  Determine the book value at the end of the seventh year of use.$ c.  Assuming that at the start of the eighth year the remaining life is estimated to be six years and the residual value is estimated to be $15,000, determine the depreciation expense for each of the remaining five years.$

A machine with a cost of $57,300 has an estimated residual value of $3,956 and an estimated life of 5 years or 20,000 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method?