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Ivanhoe Limited purchased a machine on account on April 1,2021, at an invoice price of $378,380. On April 2, it paid $2,130 for delivery of

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Ivanhoe Limited purchased a machine on account on April 1,2021, at an invoice price of $378,380. On April 2, it paid $2,130 for delivery of the machine. A one-year, \$3,710 insurance policy on the machine was purchased on April 5. On April 19, Ivanhoe paid $7,920 for installation and testing of the machine. The machine was ready for use on April 30. Ivanhoe estimates the machine's useful life will be five years or 6,054 units with a residual value of $72,200. Assume the machine produces the following numbers of units each year; 893 units in 2021:1,547 units in 2022; 1,308 units in 2023:1,201 units in 2024; and 1,105 units in 2025. Ivanhoe has a December 31 tar end. (a) Determine the cost of the machine. Cakulate the ampar depreciation and total depteciation over the asset's life vilnt (Round the deprebiation cost per unif te 2 decimal ploces Round onwers to 0 decimal ploces eg 5275 , (1) Straight-4ine method (2) Double-diminhahing bularke method (3) Units-of-production method

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