MF 383 How Do I Read the Hour Meter

I have a MF 383 that I am going to sell. When I bought it they said it had 1319 hours. I haven't used it much at all and now it shows 1335 hours. These numbers are in white. There are two more numbers in red, 76, are these hundred of hours?
 
Hundredths of an hour. When those reach 99, the next rotation would set the white digits up one number. Jim
 

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