The Canada Revenue Agency (CRA) requires companies to calculate depreciation for income tax purposes using: straight-line depreciation. capital cost allowance. double diminishing-balance depreciation. O units-of-production depreciation. An asset cost $120,000 and has a useful life of 6 years or 8,000 units of production, and no residual value. Calculate one year's depreciation assuming unit-of-production depreciation and if 1,200 units were produced this year: $24,000. O $20,000. $21,533. O $18,000. Yani Company purchased a specialized machine for $254,000 from Scissor Manufactory. Yani paid $12,550 in freight costs to ship to machine to the company's operating facility and $48,250 to install the platform necessary to operate the machine. Yani also incurred $8,600 in routine maintenance costs and $4,750 in accordance with the annual insurance policy for the machine. What is the capital cost of this specialized equipment? $254,000 $323,400 $314,800 O $328,150