Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding$$2,090,000.$ Harding paid $$595,000$ and issued a note payable for the remainder of the cost. An appraisal of the property reported the following values: Land, $$629,000$; Building, $$1,870,000$ and Equipment, $$1,241,000.($Round percentages totwo decimal places: ie $\mathrm{.}054=5\%)$Assume that Harding uses the units$-$of$-$production method when depreciating its equipment. Harding estimates that the purchased equipment will produce $1,120,000$ units over its $5-$year useful life and has a salvagevalue of $$18,000.$ Harding produced $277,000$ units with the equipment by the end of the first year of purchase. Which amount below is closest to the amount Harding will record for depreciation expense for theequipment in the first year?