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Can you show all calculations clearly and the extract of financial statement The accountant of Best Breweries Ltd is preparing the financial statements for the

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The accountant of Best Breweries Ltd is preparing the financial statements for the year ending 31 December 2021. The following is an extract from the fixed asset register of Best Breweries Ltd at the start of the year, i.e 01 January 2021: Best Breweries Ltd concluded the following asset transactions during the year ended 31 December 2021: - Land with a cost of Rs 400,000 was sold on 01 March 2021 for Rs 325,000 - A stand on a plot of land was purchased for Rs 350,000 . The stand is to be used as an owner-occupied property. - Improvements amounting to Rs 135,00crwere effected to buildings on 01 January 2021. - A vehicle (original cost-Rs 160,000) was sold on 30 June 2021 for Rs 115,000 - The assets under consideration have no residual value, and this situation will remain unchanged until the end of their useful lives. - The manner in which assets are recovered is not expected to change. - On 01 January 2021, Best Breweries Ltd determined that the remaining useful life of the buildings was 25 years. - The entity uses a "Profit before tax" note to disclose disclosable income and expenses. - Assume all amounts are material

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