Question: For its new location, Mayer Corp will be installing $1,761,622 worth of new fixtures. These fixtures will be depreciated straight-line to zero over 4 years.

For its new location, Mayer Corp will be installing $1,761,622 worth of new fixtures. These fixtures will be depreciated straight-line to zero over 4 years. What is the annual depreciation expense associated with these fixtures? (Enter the magnitude of your response rounded to the nearest dollar)

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