Cutter Enterprises purchased equipment for $$87,000$ on January $1,2024.$ The equipment is expected to have a five$-$year life and a residual value of $$4,500.$

Using the sum$-$of$-$the$-$years'$-$digits method, depreciation for $2024$ and book value on December $31,2024,$ would be: Note: Do not round the depreciation rate per year.