A diesel-powered generator with a cost of $65,000 is expected to have a useful operating life of…

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A diesel-powered generator with a cost of $65,000 is expected to have a useful operating life of 50,000 hours. The expected salvage value of this generator is $7,500. In its first operating year, the generator was operated for 5,000 hours. Determine the depreciation for the year. 

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