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Problem 7 Intro 8 years ago, a new machine cost $5 million to purchase. The machine was to be linearly depreciated to zero over 15

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Problem 7 Intro 8 years ago, a new machine cost $5 million to purchase. The machine was to be linearly depreciated to zero over 15 years. Attempt 1/5 for 10 pts. Part 1 What is the annual depreciation (in $)? No decimals Submit - Attempt 1/5 for 10 pts. Part 2 What is the current book value in $)? No decimals Submit About Bloc o

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