The answer is not 1365, 2275, 2730, 1137.5.

Flint Corp. purchased a machine on July 1, 2020, for $30,930. Flint paid $240 in title fees and a legal fee of $275 related to the machine. In addition, Flint paid $530 in shipping charges for delivery, and $425 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 10 years, a total expected life of 12 years, a residual value of $5,100, and no salvage value. Flint uses straight-line depreciation. (a) Your answer is correct. Calculate the 2020 depreciation expense if Flint prepares financial statements in accordance with IFRS. Depreciation expense 1365 SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 8 of 15 used (b) x Your answer is incorrect. Try again. Calculate the 2020 depreciation expense if Flint prepares financial statements in accordance with ASPE. Depreciation expense