Clayton Company depreciated a machine that cost \(\$ 82,000\) on a straight-line basis for five years under the assumption it would have an eight-year life and a \(\$ 4,800\) trade-in value. At that point, Clayton recognized that the machine had five years of remaining useful life, after which it would have an estimated \(\$ 3,600\) trade-in value.

(a) Determine the machine's book value at the end of its fifth year. (b)

Determine the amount of depreciation to be charged against the machine during each of the remaining years in its life.