Questiona CW Lid had the folowing bance sheets at 31 December 2019 and 20 ASSETS Pales Land 2019 M 2020 R 124000 Machinery and women machinery and Accumulated depreciation 60000 174 000 112 000 60 000 174000 Buldings ment 000 064 000) 200 000 440 000 Prepaid expenses Accumulated depreciation, tut 0000) 4804 Stock 54 830 Dits receivable Otto Investments 112 000 52 200 (90 000) $714 70352 20 000 175110 70-400 Bark 02 840 Ron 754 1 060 600 LIABILITIES 45 154 64 474 Cred 27 000 30 000 Salaries peyebe 170 000 230 000 Bond 310 000 430 000 120 000 120 000 30000 30 000 104 156 600 RB06 754 R1 060 698 2 Ordinary R10 shares Preference shares, R100 par value Ordinary share premium Retained aaming Additonal information in respect of 2007 The net income for the year, after tax of R61 074, amounted to R114 648 Dividends paid for the year, R63 024 Depreciation writen off for year Buildings Machinery and equipment R30 000 R26 000 4. A building costing R30 000, fully depreciated, was abandoned 5. Amortisation in respect of patents amounted to R12 000 for the year. 6. An additional bond was acquired during the year, R180 000.