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Lastly, Chris and Stefani own a 3-bedroom cabin in Big Bear Lake (they bought it in January of 2005 for $300,000). The address is 3105 Stonehedge...

    Lastly, Chris and Stefani own a 3-bedroom cabin in Big Bear Lake (they bought it in January of 2005 for $300,000). The address is 3105 Stonehedge Road, Big Bear Lake, CA 92315. They did not use the property for personal use at any time during the year. The revenue and expenses for the Big Bear Lake rental property are as follows:

 Rental income $18,000

Expenses:

 Insurance $ 1,200

 Property taxes 2,500

 Auto (standard mileage) 267

 Management fees 1,600

 Repairs and maintenance 1,100

 Mortgage interest 9,000

 Depreciation : calculate

 Utilities 450

I need help calculating the depreciation amount

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