REQUIRED: 1.1) With reference to the Land and Building, prepare the journal entries, including deferred tax, required in the records of SendIT Limited for the year ended 28 February 2022 to account for the revaluation of the property. (13 marks) 1.2) With reference to the Computer equipment, advise SendIT Limited on whether they should invest in the new computer equipment by using the net present value method. (24 marks) 1.3) With reference to the Investment in SW Traders Limited, discuss the nature of SendIT Limited's investment in SW Traders Limited in accordance with the requirements of IFRS 11. (10 marks) 1.4) With reference to the Tax liability, formulate the substantive procedures you would perform to substantiate the amount of income tax owed to the South Af- rican Revenue Service while conducting the audit for the 2022 financial year. (10 marks) 1.5) With reference to the Courier vehicle, calculate the normal tax consequences of SendIT Limited for the 2022 year of assessment, relating to the sale of the