Cullumber Company purchased a new machine on October 1,2022 , at a cost of $90,880. The company estimated that the machine has a salvage value of $8,640. The machine is expected to be used for 72,700 working hours during its 8 -year life. Compute the depreciation expense under the straight-line method for 2022 and 2023 , assuming a December 31 year-end. (Round answers to 2 decimal places, e.g. 5,275.25.)