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Trickster Holdings purchased an asset costing $1732710. Freight costs of $54890 and installation costs of $23481 were also required to place the machine in an

Trickster Holdings purchased an asset costing $1732710. Freight costs of $54890 and installation costs of $23481 were also required to place the machine in an operational state.

The firm expects to use the asset for 7 years and the Taxation Office advises the asset has a useful life of 8 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.

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