Henry, engaged in transportation services, owns a fleet of vehicles acquired for £240,000 and written down to £148,000 by 31 December 2010. He depreciates the vehicles at 20% per annum using the straight-line method, assuming that scrap value will be negligible. On 1 April 2011 he acquired another vehicle for £60,000 and on 1 July 2011 sold for £25,000 a vehicle which cost him £80,000 on 1 April 2008.

Required: 

Set out how these transactions will feature in the financial statements for the year ended 31 December 2011.