Daily Enterprises is purchasing a $10.0 million machine. It will cost $50,000 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 depreciation expenses associated with this machine is $2,010,000

Explanation:

The computation of the depreciation expense under straight-line method is shown below:

= (Cost - salvage value) ÷ (estimated useful life)

= ($10,000,000 + $50,000 - $0) ÷ ( 5 years)

= ($10,050,000)   ÷ ( 5 years)

= $2,010,000

Hence, the depreciation expenses associated with this machine is $2,010,000

We simply applied the above formula so that the correct value could come

And, the same is to be considered

i would say iii (3) because in order to compare a price you have to use as a reference other near stores because it's its

hope i explained myself