Encinas Ready Mix $($ERM$)$ acquired a Ready Mix Concrete Plant north of Tucson from Cemex. Facts of the

purchase below. Note: the value of land does not include the value of any materials that might be used in

production $($i$.$e$.$ aggregate, sand, etc.$),$ it reflects only the "surface rights" available to any other owner.

Now assume ERM uses double$-$declining balance depreciation and has a fiscal year ending on

September $30$ th$.$ The plant runs continuously. The depreciation charge recorded for the fiscal year ending

$2023$ on the plant acquired from Cemex will be: