Hermey purchased two digital x-ray machines for his dental office that cost $3,599 each and two dental chairs that cost $3,455 each the life of an x-ray machine is estimated to be 5 years and the salvage value is estimated to be 25% of the purchase price the life of a dental chair is estimated to be seven years and the salvage value is estimated to be 20% of the purchase price. What is the total annual depreciation for Hermeys new equipment after the first year using the straight-line method?