3 (6 marks) (14 minutes) The following information regarding Spades Ltd was presented to you: Spades Ltd acquired a building for capital appreciation at a cost of R1 200 000 on 2 January 2021. At the date of acquisition, the fair value of the property could not be measured reliably. There was also uncertainty as to whether the property could be measured reliably on a continuing basis. The property has an estimated useful life of 25 years and a residual value of R20 000. However, on 1 February 2022, the fair value estimation of the building could be estimated R1 500 000, due to more information that was available on the fair value of these types of property on the market. The companys accounting policy is to measure investment property at fair value. REQUIRED: Discuss how the property will be measured for the financial year ended 31 December 2021 and the financial year ended 31 December 2022 respectively and calculate the amounts that it will be disclosed at respectively