Sweet Manufacturing purchased a machine on January 1,2023 for use in its factory. Sweet paid...
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Sweet Manufacturing purchased a machine on January for use in its factory. Sweet paid $ for the machine and estimated that it had a useful life of years, at the end of which time the machine was expected to have a residual value of $ During its life, the machine was expected to produce units. During the machine produced units, and produced in The machine was subject to a CCA rate, and Sweet's yearend was December The machine is eligible for the Accelerated Investment Incentive.
a
Calculate the annual depreciation amount for and using the straightline method.
tableAnnual depreciation amount,$
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