Sandhill Company purchased a new machine on October $1,2027,$ at a cost of $$80,010.$ The company estimated that the machine has a

salvage value of $$7,350.$ The machine is expected to be used for $72,400$ working hours during its $7-$year life.

Compute the depreciation expense under the straight$-$line method for $2027$ and $2028,$ assuming a December $31$ year$-$end. $($Round

answers to $2$ decimal places, e$.$g$.5,275\mathrm{.}23.)$

$2027$

$2028$

The depreciation expense under the straight$-$line method

$

$