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Marigold Corp. purchased a machine on July 1 , 2 0 2 3 , for $ 3 0 , 9 3 0 . Marigold paid
Marigold Corp. purchased a machine on July for $ Marigold paid $ in title fees and a legal fee of $ related to
the machine. In addition, Marigold paid $ in shipping charges for delivery, and $ to a local contractor to build and wire a
platform for the machine on the plant floor. The machine has an estimated useful life of years, a total expected life of years, a
residual value of $ and no salvage value. Marigold uses straightline depreciation.
a
Calculate the depreciation expense if Marigold prepares financial statements in accordance with IFRS.
Depreciation expense $
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