(3 marks) Joe is a sole trader. He owns a Toyota Hilux. The Toyota is used is used as plant in Joe's business (75%) and after hours for private non-business purposes (25%). The Toyota was purchased for $85,000. At the beginning of 2022 the Toyota has a wdv for tax purposes of $65,000. Joe depreciates all assets on a straight-line basis. Required: What sum is included in gross income in each of the following cases? (i) On April 1, the Toyota is sold for $75,000. (ii) On April 1, the Toyota is sold for $90,000. (iii) On April 1, Joe closes his business and ceases trading. Thereafter Joe uses the Toyota solely as his personal car (shopping, outings etc)