Company A purchased an equipment for Php 8,000,000 on January 1, 2020 and received a government grant of Php 1,000,000 toward the asset cost.

The accounting policy is to treat the grant as a reduction in the cost of the asset.

The equipment is to be depreciated on a straight-line basis over 5 years with a residual value of Php 500,000. On January 1, 2022, the grant became fully repayable because of noncompliance with conditions.

What is the total depreciation expense for 2022?