CT is an electronic equipment with a minimum depreciation period of 3 years and a minimum net salvage value of 5% according to the Implementing Regulations of the Enterprise Income Tax Law. Depreciation is based on the straight-line method. If depreciation is provided over a period longer than 3 years, it is at the discretion of the enterprise.
The original value is $4.3 million, based on 3 years and a net salvage rate of 5%. Calculate the monthly depreciation that can be charged as
4.3*(1-5%)/36=113.472 million dollars.