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A machine was purchased on January 1, 2000 for $150000. It is depreciated by 20% per annum on the reducing balance method. It is to

A machine was purchased on January 1, 2000 for $150000. It is depreciated by 20% per annum on the reducing balance method. It is to be kept for 4 years.

Prepare the provision for depreciation account. Show workings for depreciation calculations.

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