Blossom Company$$purchased a new machine on October $1,2022,$

at a cost of $$90,640.$ The company estimated that the machine has a

salvage value of $$9,360.$ The machine is expected to be used

for$70,500$working hours during its$8-$year

life.

Compute the depreciation expense under the straight$-$line method for

$2022$ and $2023,$ assuming a December $31$ year$-$end