Emerald Industry Bhd (EM Bhd) is a public listed company established in 2000. The company was incorporated in Malaysia, involved in dairy farming, manufacturing and distributing of dairy products.

The following balances are for the year ended 30 June 2019.

	Note	Dr	Cr
		RM000	RM000
Equipment		5,200
Machine A		4,050
Goodwill		750
Accumulated depreciation as at 1 July 2018:
Equipment			988
Machine A			770

You are required to record all transactions below in the form of journal entry to the related statements and notes to disclose the movement in the companys property, plant and equipment (if applicable) for the year ended 30 June 2019.

The following notes are related to the balances given above:

On 1 July 2016, EM Bhd acquired ShengRi Manufacturer Sdn Bhd. During the acquisition, the equipment and machine A were revalued at RM5,200,000 and RM4,050,000 respectively. The agreed purchase consideration for the assets was RM10,000,000. The goodwill is derived from the acquisition.

Some technical problems had caused both assets to be less productive during the financial year ended 30 June 2018. As at 30 June 2018, it was estimated that the expected value in use amounted to RM7,000,000. EM Bhd determined that if the equipment and machine A were to be sold, the market value would be RM7,200,000. The cost to sell them was estimated at 5.5% of the fair value.

For the financial year ended 30 June 2019, BFM Bhd had conducted a major inspection on the equipment and machine A. The company also did some intensive technical adjustment to improve the capacity of the plants. Due to this reason, it was expected that the value in use would be increased by 5% as compared to the year ended 30 June 2018 projection and the net selling price was estimated to be RM7,200,000.

It is the companys policy to depreciate equipment and machines at 10% on carrying amount. Machine A has a salvage value of RM50,000. The depreciations of equipment and machines are part of cost of sales. Goodwill has indefinite useful life.