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Posted by: Homeworkhelp
Price Quoted by Student: $5
Posted On: 2010-07-22 10:10:06

Cameron Industries is purchasing a new chemical vapor depositor in order to make silicon chips. It will cost $6 million to buy the machine and $10,000 to have it delivered and installed. Building a clean room in the plant for the machine will cost an additional $3 million. The machine is expected to have a working life of six years. If straight-line depreciation is used, what are the yearly depreciation expenses in this case? $1,000,000 $1,001,667 $1,500,000 $1,501,667

SOLUTION Total cost of the asset = Purchase cost
Price $5
Attachment 1: Cameron Industries.doc
Solution Posted By: Homeworkhelp    Posted on: 22-07-2010