The following information was obtained from the accounting records of T Super and B Man, Trading as Superman Traders: Balances as at $28$ February $2011$: Profit for the year $($before depreciation$)............................................................$ Asset replacement reserve $(1$ March $2010).......................................................$ Capital: T Super...................................................................................................... Capital: B Man........................................................................................................ Current account: T Super $($Dr $-1$ March $2010)..................................................$ Current account: B Man $($Cr $-1$ March $2010)....................................................$ Drawings: T Super.................................................................................................. Drawings: B Man.................................................................................................... Long$-$term loan: US Bank...................................................................................... Inventories.............................................................................................................. Debtors control $.....................................................................................................$ Creditors control.................................................................................................... Land and buildings................................................................................................ Equipment at cost$.................................................................................................$ Accumulated depreciation: Equipment $(30$ November $2010)$ Vehicles at cost$.$ Accumulated depreciation: Vehicles$(1$ March $2010)$ Bank $($Cr$).$ Allowance for credit losses Allowance for settlement discount Depreciation $($Equipment as at $30$ November $2010)$ Prepaid expenses $($Insurance$)$ R $574420300007750007750009750434010000763066000083560028885015965015000002800008000017000024000151303600525018602700$ Additional information: a$.$ Land and buildings consists of: Land $-$ Erf $529$ Midrand, bought on $1$ March $2008$ for R$900000.$ Building $-$ The building was erected during the year at a total cost of R$600000$ and was only occupied on $1$ January $2011.$ b$.$ On $30$ November $2010$ equipment with a cost price of R$35000$ was sold at a loss of R$3000.$ At that date, the accumulated depreciation on the equipment sold amounted to R$12060.$ All the transactions regarding the sale were recorded correctly. c$.$ Depreciation must still be provided for as follows: Buildings: $2\%$ per annum on the straight line method. Equipment: $10\%$ per annum on the diminished balance method. Vehicles: $20\%$ per annum according to the straight line method. d$.$ Inventories consist of: Merchandise, R$830000$ Stationery, R$5600$ REQUIRED: Prepare ONLY the note in respect of property, plant and equipment. The total column can be omitted.