What is the correct answer for( To record depreciation expense).

What I did was add $10,000,000 to the PV(9%,8,0,10000000,1) which results in $10,501,866.27967 and if you divide that by 8 years, it comes out to $1,312,733.28 but it says this is not correct

Novak Corp. erected and placed into service an offshore oil platform on January 1,2020 , at a cost of $10 million. Novak is legally required to dismantle and remove the platform at the end of its 8 -year useful life. Novak estimates that it will cost $1 million to dismantle and remove the platform at the end of its useful life and that the discount rate to use should be 9%. Use (a) factor Table A.2, (b) a financial calculator, or (c) Excel function PV. Ignore production related costs for this question. Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. Prepare any necessary adjusting entries that are associated with the asset retirement obligation and related expenses at December 31,2020 , assuming that Novak follows IFRS. Ignore production-related costs. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)