Mimisqui Co. purchased a new machine on January 1, 2019, at a cost of $140,000. The company estimated that the machine will have a salvage value of $12,000. The machine is expected to be used for 10,000 working hours during its 5 year life.

Using the straight-line method, what is the depreciation expense for one year?

What is the amount of accumulated depreciation at the end of the second year?

Write the answer without using commas, use only numbers and points if necessary.