Multiple Choice
On July 1, Hartford Construction purchases a bulldozer for $228,000. The equipment has a 9-year life with a residual value of $16,000. Hartford uses the units-of-output method of depreciation, and the bulldozer is expected to yield 26,500 operating hours. What is the depreciation expense per hour of operation?
A) $8.60
B) $8.00
C) $9.21
D) $1.56
Correct Answer:
Verified
Correct Answer:
Verified
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