Question: . 3. Activity method: based on input 4. Double-declining-balance method 5. CCA, Class 8, 20% (b) What is the carrying amount of the machine on

. 3. Activity method: based on input 4. Double-declining-balance method 5.

. 3. Activity method: based on input 4. Double-declining-balance method 5. CCA, Class 8, 20% (b) What is the carrying amount of the machine on the October 31, 2017 statement of financial position under the first four methods above? (c) Compare your answers in (b) with the asset's tax value at the same date. (d) Which method would the company's management prefer in order to minimize taxes in 2014? (e) What happens if the actual hours of operation or units produced do not correspond to the numbers that were estimated in setting the rate

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