A company is acquiring an asset which will have a capitalized cost of $1,500,000 and a depreciable life of 7 years. Assuming straightline depreciation and a $100,000 salvage value, what will be the annual depreciation expense? Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. For example, if your answer is $90.1234, enter 90.1234 . Type your answer... 1 point Acompany is considering buying a piece of equipment which is priced at $1,500,000, has a 4.2% import tariff and will require shipping and insurance amounting to $60,000. The machine will need to be installed and trued up before it is usable, which will cos$40,000, and the crews will need to be trained before the machine can be used. Training will cost a further $18,000. What is the capitalized cost of the machine? Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. For example, if your answer is $90.1234, enter 90.1234