Iris owns a rental property as an investor. In the 2019/20 income year she established a low-value pool to claim the cost of some new depreciating assets that she installed in her rental property. The closing balance of her low-value pool was $10,000 at the end of the 2019/20 income year.

During the 2020/21 income year, Iris bought the following assets, which she installed in her rental property on the same day of the purchase:

Asset	Cost	Date of purchase	Effective life
Dishwasher	$900	5 August 2020	10
Bathroom exhaust fan	$450	12 November 2020	10
Shower curtain	$150	12 November 2020	2
Ceiling fan	$500	2 March 2021	5

Iris also bought a new hot water tank (effective life 20 years) for the rental property in the 2019/20 income year, which she claimed a deduction for using the prime cost method. The opening adjustable value of the hot water tank on 1 July 2020 was $980.

What is the decline in value of the depreciating assets in the low-value pool for the 2020/2021 income year? Note that all the depreciating assets mentioned are held for a taxable purpose of 100%.