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Sage Manufacturing purchased a machine on August 1 , 2 0 2 3 for use in its factory. Sage paid $ 4 1 0 ,
Sage Manufacturing purchased a machine on August for use in its factory. Sage paid $ for the machine and estimated that it had a useful life of years, at the end of which time the machine was expected to have a residual value of $ During its life, the machine was expected to produce units. During the machine produced units, and produced in The machine was subject to a CCA rate, and Sage's yearend was December The machine is eligible for the Accelerated Investment Incentive. Calculate the annual depreciation amount for and using the Capital Cost Allowance method.
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