Question 2. Read the scenario below and answer the question that follows. The following financial information relating to fixed assets was presented to you by the accountant of a company that manufacturessteel. The company's financial year-end is 31 December. Additional information: 1. A machine was bought on 1 March 2021 at a cost price of R276 000 (including VAT at 15% ). 2. The useful life of the machine is eight years, with no residual value. 3. The company's policy is to depreciate machinery on a straight-line basis. 4. The machine was sold on 1 August 2023 for R50 000. Required: Calculate the depreciation charge, accumulated depreciation and book value of the asset at the end of the 2021, 2022 and 2023 (until 1 August 2023) financial years, using the straight-line method of calculating depreciation. Important: Present your answer as follows: Note: Show all your calculations, as marks will be awarded for them. Round off your answers to the nearest rand