QUESTION $3[20$ MARKS$]$ Hossy Limited is a dealer in hospital machines, which it sells for cash or under a finance lease. Hossy Ltd sold only one hospital machine purchased on $01$ January $2020$ for R$250000,$in $2020.$The machine was sold under a finance lease $($cash price:R$384000\mathrm{.}10),$terms of which were: $$ Commencement date: $01$ January $2020$ Lease period: $5$ years $$ Lease payments: R$120000,$ annually in arrears, payable on $31$ December of each year. $$ Implicit interest and market interest applicable are $16,9911\%$ Required: Prepare Hossy Ltd$$s journals for each of the years ended $31$ December $2015$ to $2019.$ Using Gross method. Answer must be in $2$ decimal places.