In $2010,$ Eden Condo Inc. bought a new apartment building that was rented out

to families on June $21,2010.$ The purchase cost was $790,712$ dollars and in

addition it had to spend $18,636$ dollars remodeling the space. Eden Condo

estimated that in $2040$ the building would have a net salvage value of $$100,000.$

Using the US Straight Line Depreciation Schedule, compute the value of

depreciation recorded in the accounting books in the year $2010.($note: round

your answer to the nearest cent and do not include spaces, currency signs, or

commas$)$