Is your water heater adjacent to the furnace? It is embossed with 'Suburban'.
Looks like its been on the trailer quite a while, perhaps the original vent for the water heater. The design is not quite the same as their current models.
Normally the exhaust is the top hole and the intake the bottom hole. This is to prevent recirculation of exhaust back into the intake. Not sure what the hole on the left is. Peek under the counter and look.
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