Question: 1. A stamping machine was purchased by Deskin Glass Company for $8,595. Freight and installation costs were $405. If it will be worth $2,000 after seven years, find the annual depreciation using the straight-line method.
2. BEST Delivery Service purchased a delivery truck for $18,500 and expected to resell it for $2,000 after driving it 150,000 miles. Find the unit depreciation for the truck.