In 2017, Barden Building Company constructed a specialized equipment at a total cost of $14,700,000 (excluding capitalized interest). It took the entire year of 2017 to construct the asset. The weighted average accumulated expenditures qualifying for capitalization of interest during 2017 were $9,800,000. The company had the following debt outstanding at December 31,2017 : In 2026 , due to technological advancement, a new improved equipment came to the market making the existing equipment a bit out of date. As a result, the useful life of the equipment would last only up to the year 2027. Compute the annual depreciation for the years 2026 and 2027