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A firm is considering purchasing two assets. Asset A will have a useful life of 10 years and cost $3 million; it will have installation

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A firm is considering purchasing two assets. Asset A will have a useful life of 10 years and cost $3 million; it will have installation costs of $500,000 but no salvage or residual value. Asset B will have a useful life of 9 years and cost $8.3 million; it will have installation costs of $370,000 and a salvage or residual value of $240,000. Asset B has higher annual straight-line depreciation by how much? \begin{tabular}{|} \hline 622,222 \\ \hline 613,333 \\ \hline 586,667 \\ \hline 595,556 \\ \hline 636,667 \\ \hline \end{tabular}

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