On January 2, 2018, GMC purchased machinery for $168,000. The machine's useful life was estimated at four years or a total of 190,000 units with a residual value of $35,000.

Required:

Calculate the depreciation under the Double Declining Balance method for December 31, 2021 using the formula:

2/Estimated Useful Life x Book Value

Round to two decimal places (100.00).

Note: Accumulated depreciation at the end of 2020 was 133,000 after recording the entry for depreciation expense for the year.