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In example when i mark the timeline in example 5:00 sec, the added item ended at at 4:29 and its the same with every item. 04 sec - 3:29 sec, so on.
4 seconds: 29 frames, not 4:29 seconds.
Your sequence is 30 frames per second, so 0 to 5 seconds starts at 0 seconds and 0 frames and ends at 4 seconds and 29 frames.