Exercise 11-4 Bramble Corp. purchased machinery for $615,000 on May 1, 2020. It is estimated that it will have a useful life of 10 years, residual value of $15,000, production of 300,000 units, and 30,000 working hours. The machinery will have a physical life of 15 years and a salvage value of $3,000. During 2021, Bramble Corp. used the machinery for 2,550 hours and the machinery produced 27,000 units. Bramble prepares financial statements in accordance with IFRS. From the information given, calculate the depreciation charge for 2021 under each of the following methods, assuming Bramble has a December 31 year end. Calculate the depreciation charge for 2021 under straight-line method. Depreciation charge for 2021 LINK TO TEXT LINK TO TEXT LINK TO TEXT Calculate the depreciation charge for 2021 under units of production method. (Round rate per unit to 2 decimal places, e.g. 5.27.) Depreciation per output unit /output unit Depreciation charge for 2021 Calculate the depreciation charge for 2021 under working hours method. Depreciation per hour /hour Depreciation charge for 2021 LINK TO TEXT LINK TO TEXT LINK TO TEXT Calculate the depreciation charge for 2021 under declining-balance, using a 20% rate. Depreciation charge for 2021 LINK TO TEXT LINK TO TEXT LINK TO TEXT Calculate the depreciation charge for 2021 under sum-of-the-years'-digits method. (Round answer to 0 decimal place, e.g. 5,275.) Depreciation charge for 2021 Calculate the depreciation charge for 2021 under CCA at 20%. Depreciation charge for 2021 LINK TO TEXT LINK TO TEXT LINK TO TEXT Assume that Bramble is a small privately owned company that follows ASPE and uses straight-line depreciation. How would depreciation expense differ, if at all? Under ASPES Under IFRS Depreciation expense under ASPE is equal to the depreciation under IFRS