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Oriole Company purchased a new machine on October 1 , 2 0 2 5 , at a cost of $ 9 0 , 2 4

Oriole Company purchased a new machine on October 1,2025, at a cost of $90,240. The company estimated that the machine has a salvage value of $8,640. The machine is expected to be used for 70,300 working hours during its 8-year life.
Compute the depreciation expense under the straight-line method for 2025 and 2026, assuming a December 31 year-end.
\table[[,2025,2026],[Depreciation expense under the straight-line method ,$,$,]]
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