Trickster Holdings purchased an asset costing $1,666,597.Freight costs of $58,397 and installation costs of $40,531 were also required to place the machine in an operational state.

The firm expects to use the asset for 6 years and the Taxation Office advises the asset has a useful life of 7 years.

Calculate the depreciation tax benefit/saving (to the nearest whole number ignoring the $ sign) that will apply in each allowable year.

The Australian Company Tax Rate applies.