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Coronado Manufacturing purchased a machine on January 1, 2023 for use in its factory. Coronado paid $734,000 for the machine and estimated that it

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Coronado Manufacturing purchased a machine on January 1, 2023 for use in its factory. Coronado paid $734,000 for the machine and estimated that it had a useful life of 10 years, at the end of which time the machine was expected to have a residual value of $30,000. During its life, the machine was expected to produce 320,000 units. During 2023, the machine produced 33,700 units, and produced 48,600 in 2024. The machine was subject to a 20% CCA rate, and Coronado's year-end was December 31. The machine is eligible for the Accelerated Investment Incentive. Calculate the annual depreciation amount for 2023 and 2024 using the activity method. (Round per unit value to 2 decimal places e.g. 5.75 and final answers to O decimal places, e.g. 5,275.) 2023 $ Annual depreciation amount 2024

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