the carrying value of vehicles on 01 January 2023 (the start of the financial year) was R 1200 000. a vehicle, with a cost price of R360 000 and updated accumulated depreciation of R288 000, is planned to be sold during June 2023 at a loss of R12 000. A new vehicle a cost price of R360 000. How much will be reflected in the pro forma statement of financial position on 31 December 2023 for the carrying value of vehicle?

A. R1488 000.

B. R 1440 000.

C. R1428 000.

D. R1140 000