Blue Corp. purchased a machine on July 1,2023, for $30,860. Blue paid $250 in title fees and a legal fee of $275 related to the machine. In addition, Blue paid $590 in shipping charges for delivery, and $425 to a local contractor to build and wire a platform for the machine on the plant floor. The machine has an estimated useful life of 10 years, a total expected life of 12 years, a residual value of $6,800, and no salvage value. Blue uses straight-line depreciation.

(a) Calculate the 2023 depreciation expense if Blue prepares financial statements in accordance with IFRS.

Depreciation expense $ _________