The following represents a summary of the assets register of Warona Ltd on 31 December 2018:

Cost price Accumulated

Depreciation

$ $

Plant and machinery 148 000 36 000

Furniture 38 000 12 000

Motor vehicles 136 000 62 000

Additional information

1. On 1 July 2019, a machine was purchased for $120 000.

2. Depreciation in the statement of comprehensive income for the year ended 31 December 2019 was as follows:

Depreciation $

• Plant and machinery 22 000
• Furniture 5 000
• Motor vehicles 15 000

3. On 30 June 2019 a motor vehicle, which originally cost $40 000 and which had a carrying amount of $8 000 on 30 June 2019, was sold for $12 000.

4. There were no other purchases or sales of assets during the year.

Required: Prepare the Property, plant, and equipment note for the financial statements as of 31 December 2019.