Question: Under IFRS, components of an asset may have different depreciation methods. Prime Printers Ltd. shows the following information about its special printing unit for banners

Under IFRS, components of an asset may have different depreciation methods. Prime Printers Ltd. shows the following information about its special printing unit for banners on a spreadsheet that tracks its assets:

Required
Compute depreciation for the banner printer for the year ended December 31, 2017. Assume that 17,000 copies were made during the year.

Banner Printer Estimated Depreciation 0 Straight line 200 Straight line Component Purchase Date Co Residual Monitor Method Estimated Life 4 years 200,000 copies 3 years 10 years Jan. 1, 2017 $1,800 Base Unit Jan. 12017 5000000 UOP CPU Jan. 1,2017 4,700 Printer trays Jan. 1, 201715,000 000 Straight line 96,500

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