Aqua Ltd is a manufacturing company and its financial year$-$end is $31$ December $2023.$

The following details are available relating to its fixed property:

a$.$ Aqua Ltd acquired land, with an office building on $1$ January $2023$ for R$4000000($Land: R$1000000$; Building: R$3000000).$ Aqua Ltd paid agent$$s commission

and legal fees of R$60000$ and R$40000$ respectively.

b$.$ For the period from $1$ January $2023,$ Aqua Ltd made improvements to the building amounting to R$500000.$ The subsequent expenditure meets the subsequent

recognition criteria, as contained in IAS $40,$ Investment Property.

c$.$ The land and buildings were available for use, as intended by management, as well as brought into use and rented out to the tenant on $31$ March $2023.$ A rental

agreement with a tenant was signed on $31$ March $2023$ for a monthly rent of R$50000.$ The tenant took occupation of the building on $1$ April $2023.$ Prior to

renting the building out painting was done to the building amounting to R$15000.$

d$.$ An independent sworn appraiser provided the management of Aqua Ltd with the following fair values of this property:

Land

R

Building

R

Total

R

$31$ December $2023$

$1400000$

$3650000$

$5050000$

e$.$ As per the accounting policies of Aqua Ltd$,$ Investment property is accounted for using the fair value model.

f$.$ Ignore the implications of Value$-$Added Tax $($VAT$).$

g$.$ All amounts are material.

Based on the information provided above, the subsequent costs relating to the investment property of Aqua Ltd is: