Rose Ltd is a large manufacturing company with a $31$ December year$-$end

They purchased a machine from an international supplier.

Due to the specialised nature of the machine, Rose Ltd was required to lay a supportive base for the machine to be installed on to ensure its proper functioning. The supportive base was laid by a third party at a total cost of R$250000.$

The R$250000$ is payable in $18$ months, which is not considered normal credit terms. The market related interest rate applicable to similar transactions is considered as $8\%$ per annum.

The supportive base has a useful life of $5$ years and no residual value.

The machine, including all components thereof, was available for use and began operating on $1$ August $2024$

Required

Prepare all the general journal entries required to account for the supportive base in the records of Rose Ltd for the financial year ending $31$ December $2024.$