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Daily Enterprises is purchasing a $ 9 . 6 million machine. It will cost $ 5 3 , 0 0 0 to transport and install

Daily Enterprises is purchasing a $9.6 million machine. It will cost $53,000 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?
The yearly depreciation expenses are $,(Round to the nearest dollar.)
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