XYZ traders had equipment (cost price) on 1 January 2016 of R 80 000. A residual value of R5 000 is placed on equipment, and depreciated over useful life of 5 years on the straight-line method. At the beginning of the current year (1 January 2018) the equipment had accumulated depreciation of R 30 000. The carrying amount of the equipment at the end of the financial year (31 December 2018) will be?