On July 1, Hartford Construction purchases a bulldozer for $266542. The equipment has a 6-year life with a residual value of $18122. Hartford uses the units-of-output method of depreciation, and the bulldozer is expected to yield 26072 operating hours. The bulldozer is operated 2920 hours in the second year of operations. Determine the depreciation expense for the second year. Round only the final number to zero decimal places.

On July 1. Hartford Construction purchases a bulldozer for $266542. The equipment has a 6-year life with a residual value of $18122. Hartford uses the units-of-output method of depreciation, and the bulldozer is expected to yield 26072 operating hours. The bulldozer is operated 2920 hours in the second year of operations. Determine the depreciation expense for the second year. Round only the final number to zero decimal places