Question: Daily Enterprises is purchasing a $10.4 million machine. It will cost $53,000 to transport and install the machine. The machine has a depreciable life of

Daily Enterprises is purchasing a $10.4 million machine. It will cost $53,000 to transport and install the machine. The machine has a depreciable life of five years and will have no salvage value. If Daily usesstraight-line depreciation, what are the depreciation expenses associated with thismachine?

The yearly depreciation expenses are $__(Round to the nearest dollar)

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