On January $1,2024,$ Hobart Manufacturing Company purchased a drill press at a cost of $$36,000.$ The drill press is expected to last $10$

years and has a residual value of $$6,000.$ During its $10-$year life, the equipment is expected to produce $500,000$ units of product. In

$2024$ and $2025,25,000$ and $84,000$ units, respectively, were produced.

Required:

Compute depreciation for $2024$ and $2025$ and the book value of the drill press on December $31,2024$ and December $31,2025,$

assuming the straight$-$line method is used.