The trial balance for Oblong Limited as at 30 April 2020 includes the following
entries:
Machinery at cost					600,000
Macinery Accumulated Depreciation 1 May 2019				327,500
You are advised that the machinery cost does not include a new machine
which was purchased and put into use in April 2020, which cost 320,000.
Oblong Limited depreciates machinery at a rate of 15% on the reducing
balance basis.
Calculate Oblong Limited's depreciation expense for the year ended 30
April 2020.