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The owner of a construction company purchased an excavator for $300,000.00 and it will have a salvage value of $80,000.00. The excavator moves 90,000

 The owner of a construction company purchased an excavator for $300,000.00 and it will have a salvage value 

The owner of a construction company purchased an excavator for $300,000.00 and it will have a salvage value of $80,000.00. The excavator moves 90,000 tons of gravel in the first year and it has a useful life of 1,000,000 tons. What is the depreciation using the produc- tion method?

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