can you please assist me with the following question regarding IAS 16

3. Inventory consisted of the following on 30 June 2019: R Raw material at cost ........................................................................................ 180 000 Finished goods at cost .................................................................................... 400 000 Work in progress at cost ................................................................................. 1?5 000 3.1 Due to the current weak economic situation. the net realisable value of the finished goods at year end was 8% lower than the cost price thereof, while the net realisable value of raw materials and work in progress exceeded the cost by R6 000 each. 3.2 Inventory is recorded at the lower of cost price and net realisable value. 4. The provision for credit losses must increase to R53 000. 5. Investments consist of the following: - A total of 15 000 shares in Sundown Ltd at a cost price of R45 000. These shares were acquired on 1 March 2019. The issued share capital of Sundown Ltd consists of 22 000 shares of R300 each- The fair value of this investment remained unchanged at 30 June 2019. REQUIRED: a) Prepare the \"Asset" section of the Statement of financial position of Laduma Ltd as at 30 June 2019, in compliance with International Financial Reporting Standards {IFRS}. I?) b) Prepare only the Property, plant and equipment note in the financial statements of Laduma Ltd as at 30 June 2019 in compliance with International Financial Reporting Standards (IFRS). The total column of Property. plant and equipment note is NOT required. Comparative figures are NOT required. Accounting Policy notes are NOT required. All calculations must be shown. (23} The following balances were extracted from the accounting records of Laduma Ltd on 30 June 2019: R Land at cost {Erf 15. Mamelodi) .............................................................................. 900 000 Buildings at cost ...................................................................................................... 1 650 000 Machinery at carrying amount (1 July 2013) ........................................................... 1 700 000 Furniture and equipment at carrying amount (1 July 2018) ..................................... 300 000 Accumulated depreciation: - Machinery {1 July 2018) ....................................................................................... 340 000 - Furniture and equipment (1 July 2013) ................................................................. 170 000 Bank overdraft ......................................................................................................... 216 500 Trade and other receivables ................................................................................... 411 000 Inventory ................................................................................................................. ? Provision for credit losses ....................................................................................... 37 000 Investments .............................................................................................................. 45 000 Additional information 1. The following information relating to land, buildings and machinery is available: 1.1 All of the machinery were bought on 31 August 2017 for R1 900 000. Installation costs amounted to R140 000. The company provides for depreciation on machinery at 20% per annum according to the reducing balance method. During the current financial year all machinery were withdrawn from the production process for a period of six {6) months. and used in the construction of the entity's buildings. No other purchase or sales transactions of machinery took place during the current financial year. The following direct costs in respect of the construction of the buildings were debited against buildings: R Labour ........................................................................................................... 675 000 Raw material ................................................................................................. 975 000 1.2 Buildings consist of a factory building and is situated on Erf 15. Mamelodi. The building is owner occupied. The building was completed and brought into use on 1 January 2019. Depreciation on the factory building must still be provided for at 2% per annum according to the straight-line method. 1.3 On 1July 2018 the land was revalued at net replacement value for R1 100 000 by Mr Bhekir a sworn appraiser. The revaluation was not yet accounted for. 2. On 30 April 2019 furniture and equipment with an original cost price of R90 000 and accumulated depreciation on 1 July 2013 of R40 000 were traded in at a loss of R6 900, as part payment for new equipment with a cost price of R75 000. Furniture and equipment are depreciated at 25% per annum on the straight-line method