1 (a) For part (a) of this question you should assume today's date is 1 July 2018. Renu, a Canadian citizen, is getting married on 7 July 2018. Renu's grandfather, Kapoor, who is a Malaysian citizen, plans to gift Renu a condominium as a wedding present on her wedding day, but he could make the gift on a later date if this was beneficial for real property gains tax (RPGT) purposes. Kapoor acquired the property for RM230,000 on 8 July 2013 and the market value of the property on 7 July 2018 is RM378,000. Renu will sell the property for RM400,000 approximately six months after the wedding to raise finance for a new business venture. Required: Explain the real property gains tax (RPGT) payable by Renu if Kapoor gifts the property to Renu on: 7 July 2018, or a later date. Note: You should include calculations of the RPGT payable in both circumstances. (4 marks)