Blossom Industries purchased equipment at a cost of $$148,860$ on January $1,2022.$ At the time the equipment was estimated to have

a useful life of $20$ years and a residual value of $$24,860.$ On January $1,2025$ Blossom revised the useful life to a total of $26$ years from

date of purchase and also revised the residual value to $$19,400.$ Blossom has a calendar year end. Blossom uses straight$-$line method

of depreciation.

Calculate the depreciation expense for the equipment for $2025.($Round answer to $0$ decimal places, e$.$g$.5,275.)$