You have received the following information:-

Property, plant and equipment (PPE) at 30 June 2020 = 800 000 carrying vale

Property, plant and equipment (PPE) at 30 June 2019 = 660 000 carrying value

Total depreciation for the 2020 year was R90 000. Plant with an original cost of R100 000 and accumulated depreciation of R60 000 was sold in the 2020 year at a loss of R5 000. Equipment was impaired by R20 000. Additional PPE was purchased and no other PPE . All purchases and sales take place with cash.

Which of the following statements concerning cash flow for property, plant and equipment in the cash flow statement for the year ending 30 June 2020 are correct?:-

i) New PPE purchased (R290 000)

ii) Cash received on the sale of plant R45 000

iii) Cash received on the sale of plant R35 000

iv) New PPE purchased (R270 000)

Select one:

a. i and ii only

b. iii only

c. ii and iv only

d. i and iii only