Revision of Depreciation

On January $1,2021,$ Blizzards$-$R$-$Us purchased a snow$-$blowing machine for $$125,000.$ The machine was expected to have a residual value of $$12,000$ at the end of its $5-$year useful life. On January $1,2023,$ Blizzards$-$R$-$Us concluded that the machine would have a remaining useful life of $6$ years with a residual value of $$3,600.$

Required:

Determine the revised annual depreciation expense for $2023$ using the straight$-$line method.

$fill in the blank $1$