The carrying amount of Richards property, plant and equipment at 31 December 20X5 was

2,890,000. At 31 December 20X6, this had risen to 3,070,000.

During the year ended 31 December 20X6, Richards revalued one property upwards by

500,000, and sold another property for 948,000, recognising a profit on disposal of 200,000.

Depreciation charged during the year amounted to 380,000.

Required:-

Calculate the amount that Richard paid for the purchase of property, plant and equipment in the

year ended 31 December 20X6?