New machinery costing $$469936$ is being considered by Alpha Manufacturing as a potential investment designed to reduce the firm$$s operating expenses. Installation and asset modifications are anticipated to cost $$65312$ in total. The machinery is to be depreciated over a $9$ year useful life to a $$0$ residual value. The firm$$s marginal tax rate is $40$ percent and cost of capital is $5$ percent.

What is the annual straight$-$line depreciation of this new machine?