On 1 September 20.18 Mr Will Turner started a new blacksmith business called Iron Duke. Iron Duke manufactures and sells domestic cast iron furniture. The following transactions took place during the first financial year of the entity ending 31 August 20.19. - On 31 August 20.19, Mr Will Turner, decided to trade-in the old delivery van for a new delivery van. The trade-in value was R14 500, and the cost of the new delivery van was R60 000, with the difference settled in cash. On the 1 September 20.18 the owner, Mr Will Turner, contributed this delivery van which had cost R45 000 when new. The vehicle was bought on 1 September 20.16 by Mr Will Turner and had a carrying value of R27 000 on 1 September 20.18 with only 3 years useful life remaining Depreciation needs to be written off on the straight-line basis. (You only need to do the entries for the asset realisation.) Show the effect of the asset realisation transaction on the basic accounting equation with a plus sign (+) for an increase and a minus sign (-) for a decrease next to each amount under each element. Also indicate the account(s) that will be affected by each transaction next to the affected elements for the financial year ended 31 August 20.19. (The business makes use of the perpetual inventory system.)