On January 1, 2013, Z S.A. acquires a machine for 15,000. Payment is madein cash on the same date. The machine is immediately available for use. Theresidual value is 2,000. The machines useful life is 5 years. The depreciationrate is 35%. At the end of its useful life, the machine is sold for its residualvalue.Determine the cost of the machine, the depreciable amount and thedepreciation expense for the years 2013 to 2017. The financial year ends on31 December. Calculate the depreciation according to the reducing balancemethod