#22

Cameron Industries is purchasing a new chemical vapor depositor in order to make silicon chips. It will cost $4 million to buy the machine and $15,000 to have it delivered and installed. Building a clean room in the plant for the machine will cost an additional $3 million. The machine is expected to have a working life of five years. If straight-line depreciation is used, what are the yearly depreciation expenses in this case? O A. $1,403,000 B. $1,400,000 O C. $803,000 D. $800,000