Fare Cape (Pty) Ltd is a company that produces dairy products. The company uses industrial machinery required to pasteurize and process milk Usually when the company purchase new machinery, they will sell older machinery to local farmers The following are extracts from the General Ledger of Fare Cape (Pty) Ltd for the year ended 30 June 2022: DR Date Details 1 July Balance bild 2021 1 Jan Creators 2022 1 May 2022 DR Bank/stallation 1 July Balance bid 2022 Date 31 costs Bank Machinery at Cost R Date 336 300 31 Details Asset oposal October (Asset bought on 2022 1 July 2019) 40 500 3540 354 000 304 000 October 2022 28 320 30 June Balance od 2022 Accumulated depreciation: Machinery Details July Balance bild R Details Asset disposal (Asset bought on 1 July 2010) Date 2021 30 April Depreciation 2022 30 ne Depreciation 2022 CR R 59000 304 000 354 000 CR R 75 668 Additional information: All assets are measured on the cost model. Depreciation on machinery is calculated on a straight-line basis at 10% pa The machinery purchased on 1 May 2022 (see GL) was brought into use on 1 June 2022 as that is when it was delivered by the supplier, who also incurred the costs of delivery The delay was due to the supplier being temporarily out of stock. The rest of the machinery were all used from the day it was purchased The fair value of all machinery together was estimated to be 225 000 on 30 June 2022 REQUIRED: Prepare the Property, plant and equipment note to the financial statements as at 30 June 2022. The notes on the accounting policy are not required. The total column is also not required. Show all workings (26 Marks)