Wazobia Nig. Plc enters into hire purchase agreement on 1st January 2008 with Landmark nig. Ltd for the purchase of 6 buses.

An initial deposit was paid on January 1,2008 in the sum of #3million, this was to b followed by 10 equal quarterly installment of #500,000. The financial director has reported That #6.9million would have been needed to purchase the buses for cash. The first Installment was paid on 30th April 2008.

Wazobia Nig. Ltd adopt 31st Dec as his accounting year end, the capital rate is 50/25.

You are required to calculate capital allowance for the next 4 years.