The acquisition of a new machine with a purchase price of $84,804, transportation costs of $8,558, installation costs of $5,502, and special acquisition fees of $1,532, would be journalized with a debit to the asset account for . An asset was purchased for $133,000 on January 1, Year 1 and originally estimated to have a useful life of 12 years with a residual value of $8,500. At the beginning of the third year, it was determined that the remaining useful life of the asset was only 4 years with a residual value of $2,400. Compute the third-year depreciation expense using the revised amounts and straight-line method. Round your answer to the nearest dollar