Exhibit 27,5 A business with its financial year end being 31 December buys two vans on 1 January 20X1, No 1 for 8,000 and No 2 for 5,000. It also buys another van, No 3, on 1 July 20X3 for 9,000 and another, No 4, on 1 October 20X3 for 7,200. The first two vans are sold, No 1 for 2,290 on 30 September 20X4, and No 2 for scrap for 50 on 30 June 20X5. Depreciation is on the straight line basis, 20 per cent per annum, ignoring scrap value in this particular case when calculating depreciation per annum. Show the extracts from the assets account, provision for depreciation account, disposal account and profit and loss account for the years ended 31 December 20X1, 20X2, 20X3, 20X4, and 20X5, and the balance sheets as at those dates