Crane Company purchased a new machine on October $1,2027,$ at a cost of $$174,000.$ The company estimated that the machine will have a salvage value of $$14,400.$ The machine is expected to be used for $10,000$ working hours during its $5-$year life.

$($a$)$

Compute the depreciation expense under straight$-$line method for $2027.$

$2027$

Depreciation expense

$