Use the following information to answer the questions below:

	01.01.21	31.12.21	31.12.21
	RC=MV	Replacement Cost (RC)	*Market Value (MV)
Equipment	275318	365572	200,000
Accumulated Depreciation on Equipment	(150,000)	?	?

*MV is also known as Selling price.

The Consumer Price Index was 100 at the start of the year and 110 at the end of the year.
Equipment is depreciated at 10% per annum with no residual value. At the start of the year, it had been depreciated by 5 years.

Required:
Using current cost accounting, calculate:
i) Depreciation expense on equipment for 2021.

ii) Backlog depreciation on equipment for 2021.