During Year $1,$ Ashkar Company ordered a machine on January $1$ at an invoice price of $$26,000.$

On the date of delivery, January $2,$ the company paid $$9,000$ on the machine, with the balance on credit at $11$ percent interest due in six months. On January $3,$ it paid $$500$ for freight on the machine. On January $5,$ Ashkar paid installation costs relating to the machine amounting to $$2,600.$ On July $1,$ the company paid the balance due on the machine plus the interest. On December $31($the end of the accounting period$),$ Ashkar recorded depreciation on the machine using the straight$-$line method with an estimated useful life of $10$ years and an estimated residual value of $$4,200.$ compute the depreciation expense to be reported on year $1$