Question: Please Note that in Second part 5400 And 7360 Are wrong answers declared by wiley plus Bramble Corporation purchased a truck at the beginning of


Please Note that in Second part 5400 And 7360 Are wrong answers declared by wiley plus
Bramble Corporation purchased a truck at the beginning of 2023 for $36,000. The truck is estimated to have a residual value of 3,000 and a useful life of 275,000km. It was driven for 52,000km in 2023 and 65,000km in 2024. Your answer is correct. Calculate depreciation expense for 2023 and 2024 using the units of production method. (Round depreciation per km to 4 decimal places, e.g. 15.1254 and round final answers to 0 decimal places, e.g. 5,275.) For tax purposes, the asset is considered eligible equipment for the Accelerated Investment Incentive. The asset's CCA rate is 30%. Calculate the CCA for 2023 and 2024
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