Question $1,$ Problem $9-1$

Daily Enterprises is purchasing a $$9\mathrm{.}6$ million machine. It will cost $$47,000$ 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?

The yearly depreciation expenses are $$,($Round to the nearest dollar.$)$