A: At 31 December 2017, the following balances existed in the records of Alpha Co. Plant and Equipment 1,060,000 Accumulated Depreciation 597,000 During the year ended 31 December 2020, plant with a written down value of 54,000 was sold for 49,000. The plant had originally cost 100,000. Plant purchased during the year cost 180,000. It is alpha's policy to charge a full year's depreciation in the year of acquisition of an asset and none in the year of sale, using a rate of 10% reducing balance method. Requirement: Accumulated Depreciation 597,000 During the year ended 31 December 2020, plant with a written down value of 54,000 was sold for 49,000. The plant had originally cost 100,000. Plant purchased during the year cost 180,000. It is alpha's policy to charge a full year's depreciation in the year of acquisition of an asset and none in the year of sale, using a rate of 10% reducing balance method. Requirement: Prepare the plant and Equipment account, the plant and Equipment accumulated depreciation account and the disposal account