Herding Corporation acquired real estate that contained land, building and equipment The property cost Harding $2.280.000 Harding paid $665.000 and issued a note payable for the remainder of the cost. An appraisal of the property reported the following values: Land, $703,000; Building, $2,090,000 and Equipment, $1,387,000. Assume that Harding uses the units-of-production method when depreciating its equipment Harding estimates that the purchased equipment will produce 1140,000 units over its 5-year useful life and hes savage value of $19.000. Harding produced 279.000 units with the equipment by the end of the first year of purchase Which amount below is closest to the amount Herding will record for depreciation expense for the equipment in the first year? (Round your Intermediate percentages to the nearest whele number: Le 0.054231-5% Do not round any other intermediate calculations.)