Payless Diale is the owner of bakery called Marotho Bakery in Winterveldt. She operates her business from a building she inherited from her father, the building was brought in 2017 for R800 000. on 1 May 2020 Palesa decided to extend the business premises to accommodate the increased number of customers and produced goods, she paid R200 000 to the construction company. Palesa's accountant has been hospitalized for a month, she requested you to prepare a report on tangible assets. Palesa will be meeting a potential partner on the 30 of April 2021. She has requested you to prepare a comprehensive report for the financial yeearended 28 February 2021. Use the structure below to compile your report. 1.1.1. Report on the calculations for depreciation on the following assets (a) Equipment (b) Vehicles​