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A firm is considering purchasing an asset that will have a useful life of 15 years and cost $7.5 million, it will have installation costs

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A firm is considering purchasing an asset that will have a useful life of 15 years and cost $7.5 million, it will have installation costs of $300,000 and a salvage or residual value of $1,800,000 What is the annual straight-line depreciation for this asset? O A $498,750 per year OB. $400,000 per year O C. $422,000 per year OD. $530,450 per year

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