simple question depreciation.

Girl Scouts of America is introducing a new type of cookie that will be baked using fully-automated cookie-making machinery that has a working life of 5 years. The new cookie-making machinery costs $24.689 to purchase. Installation costs will be $3,483. They will also reconfigure their existing factory at a cost of $2,300, and when they do, they will start an ad campaign with a value of $2,900.

The annual depreciation from this project will be equal to $

. (round your answer to two

decimal places)