On January $1$Save More Groceries purchased store equipment for $$21,000$Save More estimates that at the end of its $10-$ year service life, the equipment will be worth $$1,000.$ During the $10-$year period, the company expects to use the equipment for a total of $10,000$ hours. Save More used the equipment for $1,500$ hours the first year. Required: Calculate depreciation expense of the equipment for the first year, using each of the following methods. $($Do not round your intermediate calculations $.)$