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Daily Enterprises is purchasing a $ 1 0 million machine. It will cost $ 5 0 , 0 0 0 to transport and install the

Daily Enterprises is purchasing a $

10

million machine. It will cost $

50, 000

to transport and install the machine. The machine has a depreciable life of five years and will have no salvage value. Assume that CCA deductions are the same as depreciation expenses. If Daily uses straight

-

line depreciation, what are the depreciation expenses associated with this machine?

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