On $1$ March $2023,$ the beginning of the financial year, the following balances appeared in the financial records of Manzini Ltd:

Dr

$C{r}_{?}$

Machinery at cost

$200000$

Accumulated depreciation: Machinery $38000$

On $31$ August $2023$ some of the machinery, originally bought on $1$ March $2021$ for R$30000$ was sold for R$24000.$

On $1$ December $2023,$ the sold machinery was replaced with other machinery:

Cost price:

R$50000$

Brokers commission:

R$2000$

Transfer and other legal costs:

R$8000$

Depreciation is provided at $10\%$ per annum, in accordance with the reducing balance method.

Total accumulated depreciation on $29$ February $2024,$ the financial year$-$end, will amount to$?$

R$47300$

R$47570$

R$47320$

R$52070$