grouper Corporation put machine on June 1st 2019 for 37,000 fop the place of manufactured flight cost to wear 400 and 600 were spent to install it the machines useful life was estimate 10 years with residual value of 1,300 why is the machines physical life was estimate at 11 years with no residual value on June 1st 2020 apart that was designed to reduce the machines operating cost was added to the machine for cost $1,170 on June 2023 the company bought a new machine with greater capacity for Coastal 35,900 delivered at 3:00 in value was received on the older machine equal to it's a fair value of 21 400 the assumingassuming detected depreciation is calculated on the straight line based determine the amount of any gain or loss on the disposal of the first machine on June 1st the 2023 and the amount of depreciation that should be provided during the company current physical year which begins on June 1 2023 the financial statements are prepared under IFRS