BBA (PTY) Ltd has an obligation to dismantle its plant at the end of 20 years. This is in accordance with the local legislative requirements. Assume the cost to construct the plant is R900 000. The plant was completed and available for use on 30 June 2021. The estimated residual value is R100 000. The plant was brought into use on 30 September 2021. The dismantling costs are R200 000. The applicable discount rate after tax (at 28%) is 7.2%.

Cost of the plant?

PV of the expected dismantling?

Cost price of the machine?

Depreciation for the first year 2021?

Carrying amount as at 31 December 2021?