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The Pretty Company bought a machine for production of hair solutions which costed $500 000 at 1 January 2010. The useful life is 5 years.

The Pretty Company bought a machine for production of hair solutions which costed $500 000 at 1 January 2010. The useful life is 5 years. Calculate the annual depreciation expense and the accumulated depreciation for the machine in 3 years. The straight-line depreciation is applied.

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