1. Wildhorse tested the equipment for impairment on December $31,2024,$ after recording the annual depreciation expense. It was determined that the equipments recoverable amount was $$349,000,$ and that the total estimated useful life would be eight years instead of $10,$ with a residual value of $$10,000$ instead of $$50,000.$ Assuming no further impairments or recoveries, calculate the annual depreciation expense for the years $2025$ to $2027$?