Utah Air Adventures has just purchased a new skydiving plane for $263,545 that they will depreciate to $74,282 using straight-line depreciation over the next 10 years. Find Utah Airs annual depreciation expense for the plane.

Answer Format: INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include "$" "," or any other formatting. Carry interim computations to at least 4 decimals.

Enter numerical answers as a positive number rounded to 2 decimal places (###.##)