[solved] If a company spends $20 million to install new 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
4% or $800,000.
15% or $3,000,000.
10% or $2,000,000.
5% or $1,000,000.
8% or $1,600,000.