Blue Company purchased a machine on January 1, 2019, for $800,000. At the date of acquisition, the machine had an estimated useful life of ten years with no salvage. The machine is being depreciated on a straight-line basis. On January 1, 2022, Blue determined that the machine had an estimated useful life of fourteen years from the date of acquisition with no salvage. An accounting change was made in 2022 to reflect this additional information.

What is the amount of depreciation expense for the year ended December 31, 2022?