On January 2, 2009, the Deadra Band acquires sound equipment for concert performances at a cost of $32,500. The band estimates it will use this equipment for four years, during which time it anticipates performing about 200 concerts. It estimates that after four years it can sell the equipment for $2,500. During year 2009, the band performs 47 concerts. Compute the year 2009 depreciation using the straight-line method.