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Xavier Corporation plans to purchase a new machine to replace an older machine on its as- sembly line. The new machines purchase price is $500,000,

Xavier Corporation plans to purchase a new machine to replace an older machine on its as- sembly line. The new machines purchase price is $500,000, and it will cost $75,000 to have the new machine shipped and installed. The old ma- chine, which is fully depreciated, can be sold to another company for $45,000. The new machine falls into the MACRS 5-year class. Compute the depreciation expense associated with the new machine for the next five years?

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