Question: Question content area top Part 1 Daily Enterprises is purchasing a $10.5 million machine. It will cost $54,000 to transport and install the machine. The

Question content area top

Part 1

Daily Enterprises is purchasing a $10.5 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?

Question content area bottom

Part 1

The yearly depreciation expenses are $enter your response here.

(Round to the nearest dollar.)

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