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A multinational corporation invests in a state - of - the - art satellite system for global communications at a cost of $ 5 0

A multinational corporation invests in a state-of-the-art satellite system for global communications at a cost of $50,000,000. The salvage value is projected to be $5,000,000 after 20 years of usage. Additionally, the company estimates the technology will become obsolete after 15 years, and its value will decrease significantly. Calculate the annual straight-line depreciation expenses considering both salvage values and the technologys obsolescence.

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