2.2 REQUIRED Use the information provided below to: 2.2.1 Calculate the profit or loss on the vehicle sold. (5 marks) 2.2.2 Prepare the Fixed Asset Realisation account in the ledger of Darnall Traders to record the disposal of the asset. (5 marks) INFORMATION 1. On 01 March 2017 the following balances appeared, amongst others, in the books of Darnall Traders: 2. On 31 August 2017, an old vehicle that cost R200 000 was sold for cash to P. Kane for R40 000. The accumulated depreciation on the vehicle sold amounted to R140 000 on 01 March 2017. 3. Depreciation is calculated at 10% p.a. on cost. The financial year ends on 28 February 2018