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Bramble Corp. purchased a machine on July 1 , 2 0 2 3 , for $ 3 0 , 9 5 5 . Bramble paid
Bramble Corp. purchased a machine on July for $ Bramble paid $ in title fees and a legal fee of $ related to the machine. In addition, Bramble paid $ in shipping charges for delivery, and $ 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 years, a total expected life of years, a residual value of $ and no salvage value. Bramble uses straightline depreciation. a Calculate the depreciation expense if Bramble prepares financial statements in accordance with IFRS. Depreciation expense eTextbook and Media
Bramble Corp. purchased a machine on July for $ Bramble paid $ in title fees and a legal fee of $ related to the machine. In addition, Bramble paid $ in shipping charges for delivery, and $ 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 years, a total expected life of years, a residual value of $ and no salvage value. Bramble uses straightline depreciation.
a
Calculate the depreciation expense if Bramble prepares financial statements in accordance with IFRS.
Depreciation expense
eTextbook and Media
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