(c) GM Ltd is a manufacturing company. They imported a machine from China and the details were as provided below: List price Shs 56 million Trade discount on the list price 5% Other related costs: Taxes Shs '000' 23,500 Transport costs 6,000 Pre-production 7,500 Installation costs 4,597 Other information: 1. Included in the installation costs is Shs 1.2 million incurred as a result of redoing the electrical installation resulting from use of poor quality materials used by the engineer. 2. The machine was put to use on 1 January, 2016. 3. The estimated residue value of the machine is Shs 3,597,000. 4. In March 2019, the machine was damaged by power surges and was sold off for Shs 35.5 million. 5. Full year's depreciation is provided for in the year of acquisition and none in the year of disposal. 6. The financial year of GM Ltd runs from 1 January to 31 December. Required: For the financial years ending 31 December 2016, 2017, 2018 and 2019, prepare: (i) The Machine account, Provision (Accumulated) for depreciation account and Disposal account GM Ltd depreciates the machine using straight-line method at a rate of 10% on depreciable asset. (30 marks)