A company purchased equipment on January $1,2022,$ for $$890,000,$ estimating a five$-$year service life and $$110,000$ residual value. In $2022$ and $2023,$ the company depreciated the asset using the double$-$declining$-$balance method. In $2024,$ the company changed to straight$-$line depreciation for this equipment. What depreciation would the company record for the year $2024$ on this equipment?

Note: Do not round your depreciation rate.