A 3D printer exclusively for producing dental molar crowns, complete with all the contouring and evaluation apparatus for matching the removed molar, is purchased for $45,000. It will be depreciated over 8 years and have a salvage value of $7,500.

Using a table and the formulas, determine the depreciation and book value at the end of each year using declining balance depreciation with a depreciation rate of 125% of the straight-line rate.