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LLL Inc. purchased a machine on October 1, 2022, for use in its factory. The business paid $450,000 for the machine and estimated that it
LLL Inc. purchased a machine on October 1, 2022, for use in its factory. The business paid $450,000 for the machine and estimated that it has a useful life of 10 years, at the end of which time the machine is expected to have a residual value of $50,000. During its life, the machine is expected to produce 200,000 units. The machine produced 55,000 units in 2022 and 60,000 units in 2023. The machine is subject to a 20% CCA
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