Timberly Construction makes a lump-sum purchase of several assets on January 1 at a total cash price of $810,000.The estimated market values of the purchased assets are building, $427,800; land, $241,,800; land improvements, $37,200; and four vehicles, $223,200

Compute the first year depreciation expense on the land improvements assuming a five year and double declining balance depreciation

Depreciation expense on land improvements?