Blue Company purchased a machine on January 1,2017 fo P6,000,000. At tge date of acquisition, the machine had a life of six years with no residual value. The machine was depreciated on a straight line basis.

On January 1,2020,the entity determined that the machine had a useful life of eight years from the date of acquisition with no residual value.

What is the depreciation of machine for 2020?