calculate depreciation from Construction cost ($) 1,200,000 Loan ($) 350,000 Loan interest rate 7.7% Loan term (yrs.) 8 Hangar space (sq.ft.) 20,000 Rent ($/sq.ft. per month) 1.00 Rent inflator 2.2% Operating Costs ($/yr.) 113,500 Cost inflator 2.2% Tax rate 21.0% Discount rate 7.5% Depreciation/year ($) 43,000