Cap bought a building on 1 January 2011. The purchase price was GHS2.9m, associated legal fees were GHS0.1m and general administrative costs allocated to the purchase were GHS0.2m. Cap also paid sales tax of GHS0.5m, which was recovered from the tax authorities. The building was attributed a useful life of 50 years. It was revalued to GHS4.6m on 31 December 2014 and was sold for GHS5m on 31 December 2015. Cap purchased a machine on 1 January 2013 for GHS100,000 and attributed it with a useful life of 10 years. On 1 January 2015, Cap reduced the estimated remaining useful life to 4 years. Required: Explain how the above items of property, plant and equipment would have been accounted for in all relevant reporting periods up until 31 December 2015.