4 (Marks: 15) On 1 January 2022, the following balances appeared in the ledger of Saturn Traders: Equipment R20 000 Accumulated depreciation on equipment Additional information: The equipment was purchased on 30 June 2019. No other equipment has been purchased. Depreciation on equipment is calculated at 10% per annum using the diminishing balance method with no residual value. The equipment was sold on 30 September 2022 for R9 000 cash. Saturn Traders has a 31 December financial year-end. ignore VAT. Required: Q.4.1 Calculate the accumulated depreciation on 1 January 2022. (7) Q.4.2 Calculate the profit or loss on the sale of the asset on 30 September 2022. (8) Clearly state if a profit or loss was made. Round to