If a company spends $14.4 million to install refurbished footwear-making equipment with capacity to produce 1 million pairs of athletic footwear at its North American production facility, then its annual depreciation costs at that facility will rise by
10% or $1,440,000.8% or $1,150,000.4% or $575,000.2.5% or $360,000.5% or $720,000.
