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Teal Manufacturing purchased a machine on January 1, 2020 for use in its factory. Teal paid $597,000 for the machine and estimated that it had

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Teal Manufacturing purchased a machine on January 1, 2020 for use in its factory. Teal paid $597,000 for the machine and estimated that it had a useful life of 10 years, at the end of which time the machine was expected to have a residual value of $30,000. During its life, the machine was expected to produce 420,000 units. During 2020, the machine produced 44,600 units, and produced 67,800 in 2021. The machine was subject to a 20% CCA rate, and Teal's year-end was December 31. Calculate the annual depreciation amount for 2020 and 2021 under the straight-line method. 2020 2021 Annual depreciation amount $ $ $ e Textbook and Media Calculate the annual depreciation amount for 2020 and 2021 under the activity method. (Round per unit value to 2 decimal places eg. 5.75 and final answers to 0 decimal places, eg. 5,275.) 2020 2021 $ $ Annual depreciation amount e Textbook and Media Calculate the annual depreciation amount for 2020 and 2021 under the double-declining balance method. 2020 2021 $ Annual depreciation amount $ e Textbook and Media Calculate the annual depreciation amount for 2020 and 2021 under the capital cost allowance method. 2020 2021 $ Annual depreciation amount $ e Textbook and Media

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