You purchased a $300,000 combine that will have a salvage va…

You purchased a $300,000 combine that will have a salvage value of $30,000 after [years] years.  Calculate the annual depreciation for the first year of useful life using the declining balance method using the straight line depreciation rate. Assume you owned the combine for the entire year.  Use 2 decimal places in your answer. Do not use $ in your answer.