During the year land was revalued and the surplus reported as Revaluation surplus; and an asset costing £80,000, written down to £38,000, was sold for £40,000. Identify the cost of any non-current assets acquired during the year ending 30 September 2012.

As at 30 September Non-current assets at cost Accumulated depreciation Revaluation surplus 2011 2012 595,000 924,000 84,400 97,200 120,000 -