George Corporation purchased a depreciable asset for $300,000 on January 1, 2020. The estimated salvage value is $30,000, and the estimated useful life is 9 years. The straight-line method is used for depreciation. On July 1, 2023, George changed its estimates to a total useful life of 5 years with a salvage value of $50,000. Assuming George produces financial statements on 12/31 of each year, what is depreciation expense for FY2023?