Answer the following multiple$-$choice questions. Indicate your

choice by selecting only one option from the four options given

for each question answered.

Use the following information to answer questions $1$ to $4$ :

The following balances, amongst others, were extracted from the

accounting records of Tale Ltd at $30$ June $2023$:

Additional information:

All machinery was purchased on $1$ July $2021.$ The company

provides for depreciation on machinery at $20\%$ on the straight$-$line

method. The residual value of the machinery at the end of its

useful life is R$120000.$ During the current year all the machinery

was withdrawn for the production process for a period of $3$

months and used in the construction of the building. No sales or

purchase transactions of machinery took place during the current

financial year. The following construction costs took place during

the current year:

Labour

R$1356800$

Material

R$2400000$

Total

R$3756800$

Land and buildings, consisting of factory buildings and offices in

Constantia Park, Erf $300,$ owner occupied. The building was

completed on $1$ April $2023$ and brought into use on the same date,

and is depreciated over its estimated useful life of $20$ years.