What are the depreciation expenses

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Daily Enterprises is purchasing a $9.? million machine. It will cost $52,000 to transport and install the machine. The machine has a depreciable life of ?ve years and will have no salvage value. Assume that CCA deductions are the same as depreciation expenses. If Dailyr uses straight-line depreciation, what are the depreciation expenses associated with this machine? The yearly depreciation expenses are 3% . (Round to the nearest dollar.)

Reference no: EM133060565

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