When First National purchased its first ATM, it cost $500,000 and was estimated to have a useful economic life of 10 years. The bank has been depreciating its ATM on a straight -line basis (over 10 years) to an estimated book salvage value of $100,000. The current actual market value of the old ATM is $200,000.

Mr. Fast will cost $1,000,000 and have an expected economic life of 6 years. The bank plans to depreciate the new ATM over 5 years using MACRS. The bank believes that its Mr. Fast will attract new customers, which are expected to generate $300,000 in new revenues during the first year. Revenues from these new customers are expected to grow at 5% per year over the 6-year life of the new ATM. Mr. Fast Net Working Capital to service these customers are expected to be $40,000 when Tranax Mini-Bank is installed during the first year and to increase at a rate of 6% per year over the new machine's 6-year life. As an additional cost, annual maintenance costs on the new ATM will be $10,000 during the first year and to increase at a rate of 5% per year over the annual maintenance costs on the old ATM.

Calculate the depreciation cost for each year.