On April 3, 2023, David's Chocolates purchased a machine for $81,200. It was assumed that the machine would have a five-year life and a $16,200 trade-in value. Early in January 2026, it was determined that the machine would have a seven-year useful life and the trade-in value would be $9,000. David's Chocolates uses the straight-line method to the nearest month for calculating depreciation. Required: Record depreciation at December 31, 2026, David's Chocolates' year-end, (Do not round intermediate calculations. Round the final answers to the nearest whole dollar.)