How do find the depreciation expense?

1.	Life insurance expense on officers was $8,300.
2.	Equipment was acquired in early January for $322,500. Straight-line depreciation over a 5-year life is used, with no salvage value. For tax purposes, Shinault used a30% rate to calculate depreciation.
3.	Interest revenue on State of New York bonds totaled $4,200.
4.	Product warranties were estimated to be $52,900in 2014. Actual repair and labor costs related to the warranties in 2014 were $14,500. The remainder is estimated to be paid evenly in 2015 and 2016.
5.	Gross profit on an accrual basis was $120,000. For tax purposes, $83,400was recorded on the installment-sales method.
6.	Fines incurred for pollution violations were $5,000.
7.	Pretax financial income was $774,200. The tax rate is30%.