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Cameron Industries is purchasing a new chemical vapor depositor in order to make silicon chips. It will cost $ 5 million to buy the machine

Cameron Industries is purchasing a new chemical vapor depositor in order to make silicon chips. It will cost $ 5 million to buy the machine and $15,000 to have it delivered and installed. Building a clean room in the plant for the machine will cost an additional $ 3 million.The machine is expected to have a working life of seven years. If straight-line depreciation is used, what are the yearly depreciation expenses in this case?

A. $716,429

B. $1,142,857

C. $714,286

D.$1,145,000

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