Question $1$: Pronghorn Corp. purchased machinery for $$417,000$on May $1,2023.$ It is estimated that it will have a useful life of $10$ years, residual value of $$17,000,$ production of $200,000$ units, and $20,000$ working hours. The machinery will have a physical life of $15$ years and a salvage value of $$3,000.$ During $2024,$ Pronghorn used the machinery for $2,250$ hours and the machinery produced $28,000$ units. Pronghorn prepares financial statements in accordance with IFRS.From the information given, calculate the depreciation charge for $2024$ under each of the following methods, assuming Pronghorn has a December $31$ year end.Calculte the capital costs allowance for $2024$ when the CCA rate is $20\%,$ assuming the machinery is eligible for the Accelerated Investment Incentive.

Question $2$: Pharoah Ltd$.$ purchased machinery on January $1,2023,$ for $$58,320.$ The machinery is estimated to have a residual value of $$7,920$ after a useful life of eight years. Calculate the $2023$ depreciation expense using the sum$-$of$-$the$-$years'$-$digits method, but assuming the machinery was purchased on April $1,2023.($Do not round intermediate calculation and round answer to $0$ decimal places, e$.$g$.5,275.).$