(b) During the year ended 30 June Year 6, Nungua Ltd acquired freehold land at a cost of GHC 500,000 and built a distribution centre on it, using a mixture of subcontract and own labour. The distribution centre cost a total of GHC 200,000 to construct. The construction was completed by the end of April. Required: Set out the audit objectives in respect of the above and the substantive procedures you would carry out to achieve those objectives.