Given the following comparable sale data, estimate accrued depreciation for the subject improvements. The improvements on the subject and sale #1 are deemed to be comparable.

Subject: 3000 acres of rangeland with adequate improvements which would cost $225,000 to build today.

Sale 1: 2000 acres of rangeland with adequate improvements (comparable to the subject in value), sold last week for $750,000.

Sale 2: 2700 acres of rangeland with no improvements, sold last week for $877,500.