Part B Saffron Bhd has prepared the following schedule for property, plant and equipment as at 31 December 2017. During 2018, Saffron Bhd had incurred the following transactions: Saffron Bhd uses straight-line depreciation for building and equipment. The building is estimated to have 50-year useful life and no residual value. The equipment is estimated to have a 10 -year useful life and no residual value. Required: a) Show the journal entries for the above transactions. (12 marks) b) Prepare the presentation of the property, plant and equipment in statement of financial position of Saffron Bhd as at 31 December 2018. (4 marks) c) Explain the two methods allowed by MFRS116 for subsequent measurement of property, plant and equipment. (4 marks) (Total : 30 marks)