Calculate the amount of depreciation to report during the year ended December $31$ for equipment that was purchased at a cost of $$43,000$ on October $1.$ The equipment has an estimated residual value of $$3,000$ and an estimated useful life of five years or $20,000$ hours.

Required:

Assume the equipment was used for $1,000$ hours from October $1$ to December $31$ and the company uses $($a$)$ straight$-$line, $($b$)$ doubledeclining$-$balance, or $($c$)$ units$-$of$-$production depreciation. $($Do not round intermediate calculations.$)$