On April 30, 2020, Nope Inc. purchased a machine for $77,000. The useful life of the machine is 7 years, with a $7,000 residual value. If the company uses the 200%-declining-balance depreciation method with a half-year convention, depreciation in 2020 and 2021 is $11,000 and $18,857 respectively. Round interim calculations to two decimal places