A company purchased equipment on January 1, 2022, for $681,000. In 2022 and 2023, the company depreciated the asset on a straight-line basis with an estimated service life of eight years and a $21,000 residual value. In 2024, due to changes in technology, the company revised the service life to a total of six years with no residual value. What depreciation would the company record for the year 2024 on this equipment? Note: Round your answer to the nearest dollar