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Daily Enterprises is purchasing a $ 10.4 million machine. It will cost $45,000 to transport and install the machine. The machine has a depreciable life

Daily Enterprises is purchasing a

$ 10.4

million machine. It will cost

$45,000

to transport and install the machine. The machine has a depreciable life of five years and will have no salvage value. If Daily uses straight-line depreciation, what are the depreciation expenses associated with this machine?

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