Homework Answers
Answer : D = $ 6,107,200.
>> Depreciable asset = Cost of asset - Residual value.
>> Depreciable asset = $ 40,300,000 - $ 48,000 = $ 40,252,000.
>> Depreciation per hour = $ 40,252,000 / 29,000 = $ 1,388.
>> Depreciation for 2018 = $ 1,388 * 4,400 = $ 6,107,200
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