Ivanhoe Company purchased a new machine on October $1,2025,$ at a cost of $$77,980.$ The company estimated that the machine has a salvage value of $$6,580.$ The machine is expected to be used for $72,900$ working hours during its $7-$year life.

Compute the depreciation expense under the straight$-$line method for $2025$ and $2026,$ assuming a December $31$ year$-$end.

$\backslash$table$[[$Depreciation expense under the straight$-$line method,$2025,2026]]$