Ovens Inc. purchased new equipment for $125,000 on January 1, 2021. The equipment is expected to have a salvage value of $15,000 at the end of its useful life.

If depreciation is recorded based upon an estimated useful life of 100,000 machine hours over the next 11 years, and the equipment was used for 7,200 machine hours in 2021, how much depreciation would be recorded in 2021?