7. The motor vehicle was purchased by Bambi Construction on 1 July, 2019 and is us Director. Based on market prices, the company sold the motor vehicle for $45,00 June 30,2022 . No other assets were sold during the year. 8. The company has a defined benefit plan for its employees and during the year, th company recorded $69,000 as a pension expense which was included in administ expenses. In addition, $81,000 was reported as pension contributions 9. The total annual allowance for assets subject to wear and tear is $175,000 period under review. N.B. - The wear and tear rate for motor vehicles is 20