In 2019 SME A incurred (and paid) the following expenditures in acquiring property consisting of ten identical freehold detached houses each with separate legal title including the land on which it is built: Date Amount (N$) Additional Information 1 January 2019 200,000,000 20 per cent of the price is attributable to the land 1 January 2019 20,000,000 Non-refundable transfer taxes (not included in the N$200,000,000 purchase price) 1 January 2019 1,000,000 Legal costs directly attributable to the acquisition 1 January 2019 10,000 Reimbursing the previous owner for prepaying the non- refundable local government property taxes for the six- month period ending 30 June 2019 1 January 2019 500,000 Advertising campaign to attract tenants 2 January 2019 200,000 Opening function to celebrate new rental business that attracted extensive coverage by the local press 30 June 2019 20,000 Non-refundable annual local government property taxes for the year ending 30 June 2020 Throughout 2019 120,000 Day-to-day repairs and maintenance, including the salary and other costs of the administration and maintenance staff. These costs are attributable equally to each of the ten units. SME A uses one of the ten units to accommodate its administration and maintenance staff. The other nine units are rented to independent third parties under non-cancellable operating leases. Before occupying the premises tenants pay SME A a refundable deposit equal to two months rentals. Deposits held by SME A at 31 December 2019 totalled N$270,000. Rentals received in the year ended 31 December 2019 totalled N$1,550,000, of which N$50,000 relates to January 2020. At 31 December 2019 SME A made the following assessments about the units: Useful life of the buildings: 50 years from the date of acquisition 5 5 26.39. How much is to be credited to bank in 2014 by sme with respect to truestment January of property the 4o. what the amount to be be recognized with respect to non-refundable transfer bances incurred in property by sme s sequeining 4. The depreciation to be recognised by sme sa Owner-occupied In 2019 will amount to 4. The proportion of the sole A building that is owner Qaypied amount of sm A amount to building that is 13 Owner Ocarppies 44. The initial property Cost SME A IS 450. What is the lost cy SME AS land ? the SME A broestment property Site. The four Value cy year-end amount mount to 48. The becir Value Gown from sme A property is mvestment 48. SME A's rental income for the ancanled 149 SME AS aukel become liederlily concealed so the Carrying Anment of SME AS Sme As properly the and amounted to In 2019 SME A incurred (and paid) the following expenditures in acquiring property consisting of ten identical freehold detached houses each with separate legal title including the land on which it is built: Date Amount (N$) Additional Information 1 January 2019 200,000,000 20 per cent of the price is attributable to the land 1 January 2019 20,000,000 Non-refundable transfer taxes (not included in the N$200,000,000 purchase price) 1 January 2019 1,000,000 Legal costs directly attributable to the acquisition 1 January 2019 10,000 Reimbursing the previous owner for prepaying the non- refundable local government property taxes for the six- month period ending 30 June 2019 1 January 2019 500,000 Advertising campaign to attract tenants 2 January 2019 200,000 Opening function to celebrate new rental business that attracted extensive coverage by the local press 30 June 2019 20,000 Non-refundable annual local government property taxes for the year ending 30 June 2020 Throughout 2019 120,000 Day-to-day repairs and maintenance, including the salary and other costs of the administration and maintenance staff. These costs are attributable equally to each of the ten units. SME A uses one of the ten units to accommodate its administration and maintenance staff. The other nine units are rented to independent third parties under non-cancellable operating leases. Before occupying the premises tenants pay SME A a refundable deposit equal to two months rentals. Deposits held by SME A at 31 December 2019 totalled N$270,000. Rentals received in the year ended 31 December 2019 totalled N$1,550,000, of which N$50,000 relates to January 2020. At 31 December 2019 SME A made the following assessments about the units: Useful life of the buildings: 50 years from the date of acquisition 5 5 26.39. How much is to be credited to bank in 2014 by sme with respect to truestment January of property the 4o. what the amount to be be recognized with respect to non-refundable transfer bances incurred in property by sme s sequeining 4. The depreciation to be recognised by sme sa Owner-occupied In 2019 will amount to 4. The proportion of the sole A building that is owner Qaypied amount of sm A amount to building that is 13 Owner Ocarppies 44. The initial property Cost SME A IS 450. What is the lost cy SME AS land ? the SME A broestment property Site. The four Value cy year-end amount mount to 48. The becir Value Gown from sme A property is mvestment 48. SME A's rental income for the ancanled 149 SME AS aukel become liederlily concealed so the Carrying Anment of SME AS Sme As properly the and amounted to