Mossery Berhad is a furniture manufacturer. At 31 December 2018, Mossery property , plant and equipment section had the following balances:

Land	150,000
Buildings	550,000
Equipment	480,000

During the 2019, Mossery purchased the following assets.

Asset 1: Equipment A was acquired by issuing 300 shares of RM16 par value ordinary shares. The shares have a market price of RM40 per share.

Asset 2:

Equipment B was acquired by trading in used equipment. (The exchange lacks commercial substance.) Facts concerning the trade-in are as follows.

Cost of equipment traded	RM200,000
Accumulated depreciation to date of sale	72,000
Fair value of equipment traded	160,000
Cash received	20,000
Fair value of equipment acquired	140,000

Assets 3 and 4: These assets were purchased at a lump sum for RM624,000 cash. The following information was gathered.

Description	Initial Cost on Sellers Books	Depreciation to Date on Sellers Books	Book Value on Sellers Books	Appraised Value
	RM	RM	RM	RM
Building	600,000	300,000	300,000	540,000
Equipment C	360,000	60,000	300,000	180,000

Asset 5:

Land was acquired by making a RM120,000 down payment and issuing a RM360,000, 2-year, zero-interest-bearing note. The note is to be paid off in two RM180,000 installments made at the end of the first and second years. It was estimated that the asset could have been purchased outright for RM430,800.

(Total: 13 Marks)

Required:

Prepare a detailed analysis of the changes in each of the following statement of financial statement accounts for 31 December 2019. Show all your workings clearly. Use the Proforma below in your answer (Hint: Disregard the related accumulated depreciation accounts)

	Land	Buildings	Equipment	Total
Cost/valuation	RM	RM	RM	RM
At 1 Jan 2019
Additions
Disposals
At 31 Dec 2019