Calculate depreciation using the units of production method Ninja Warriors Gym needed to purchase new gym equipment. The new equipment cost the gym $30,000, they figured it would last 3 years or 10,000 uses and would be worth $15,000 at the end of 3 years. The new equipment will be used 3,000 times in the first year, 3,000 times in the second year and 4,000 times in the last year. Calculate the Units of Production depreciation for Ninja Warriors' new gym equipment for the first year.