Question: A company is considering purchasing two assets. Asset A will have a useful life of 12 years and cost $4 million; It will have an

A company is considering purchasing two assets. Asset A will have a useful life of 12 years and cost $4 million; It will have an installation cost of $300,000 and a salvage value of $400,000. Asset B will have a useful life of 8 years and cost $3.5 million; It will have an installation cost of $200,000 and a salvage value of $800,000. Which asset will have higher annual straight-line depreciation?

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