Pharoah Company Ltd. buys equipment on January 1,2023, for $317,000 cash. The asset is expected to have a useful life of 12 years and a residual value of $47,000. Pharoah prepares financial statements under IFRS. Assume the information given in part (c) above. Also assume that the benefits of the input device and processor are expected to flow to Pharoah evenly over time, but that the output device is expected to provide the greatest benefits in the early years. Calculate the amount of depreciation for 2023 using the most appropriate methods. (Round percentage to 2 decimal places e.g. 52.75 and round final answers to the nearest dollor, eg. 5,275.) Depreciation for 2023