$1\mathrm{.}2.$ KK Limited owns a property that is used as its head office in Pretoria. On $1$st January $2020,$ its carrying value was R$20$ million and its remaining useful life was $20$ years. On $1$st July $2020,$ the business recognized cheaper premises found for use as the head office. It was therefore decided to lease the property under an operating lease. The property was valued by a qualified professional who assessed the property$$s value as R$21$ million on $1$st July and R$21\mathrm{.}6$ million on $31$st December $2020.$ Explain the accounting treatment of the property in the financial statements for the year ended $31$st December $2020.($Hint: Income statement and SOFP extract including calculations$)$please show claculations and set up