Hi There, not really sure on how i am to tackle this question. Please assist ? thank you

QUESTION ONE [25] Lungile Sithole operates Lungi's general dealers in the rural area of Mtwalume. The following information was extracted from the pre-adjustment trial balance as at 28 February 2020 (unless stated otherwise): Balances at 28 February 2020: Debit - R Credit - R Equipment at cost 800 000 Accumulated depreciation: Equipment (1 March 2019) 40 000 Vehicles at cost: 400 000 Accumulated depreciation: Vehicles (1 March 2019) 110 000 10% Fixed deposit 75 000 Inventories - trade goods (1 March 2019) 86 300 Consumables (1 March 2019) 9 290 Trade receivables 42 700 Bank 68 300 Additional information: 1 . Depreciation must still be provided for as follows: Equipment at 10% per year on the Diminishing balance method, Vehicles at 20% per year on the Fixed instalment method. 2. Transactions that took place in respect of property, plant and equipment for the current financial year: > Equipment: All the equipment in use was bought on 31 August 2018. Some of the equipment was sold for R179 000 on 31 August 2019. The cost price of the equipment sold was R200 000. > Vehicles: Lungi's general dealers owned two vehicles at 28 February 2020. The original vehicle was bought on 1 March 2017. An additional vehicle was bought on 1 September 2019 for R125 000