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Gotham Company purchased a new machine on October 1 , 2 0 2 2 , at a cost of $ 9 0 , 0 0

Gotham Companypurchased a new machine on October 1,2022,
at a cost of $90,000. The company estimated that the machine has a
salvage value of $8,100. The machine is expected to be used
for70,000working hours during its10-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.)
20222023The depreciation expense under the straight-line method$$

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