Answer:
the depreciation for the month is $146
Explanation:
The computation of the depreciation expense per month is as follows:
= (Cost - residual value) ÷ operating life × number of hours operated
= ($114,040 - $6,000) ÷ 74,000 hours × 100 hours
= $146
Hence, the depreciation for the month is $146
We simply applied the above formula so that the correct value could come
And, the same is to be considered
