Question: Daily Enterprises is purchasing a $9.9 million machine. It will cost $54,000 to transport and install the machine. The machine has a depreciable life of

Daily Enterprises is purchasing a

$9.9

million machine. It will cost

$54,000

to transport and install the machine. The machine has a depreciable life of five years and will have no salvage value. If Daily uses straight-line depreciation, what are the depreciation expenses associated with this machine?

The yearly depreciation expenses are

$nothing.

(Round to the nearest doll

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