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a ) Ibu Mertuaku Berhad manufactures paper boxes. The company closes its accounts annually on 3 1 May, and in its year ended 3 1

a) Ibu Mertuaku Berhad manufactures paper boxes. The company closes its accounts annually on 31 May, and in its year ended 31 May 2023, the company acquired the following assets:
A lorry was acquired under a hire purchase scheme and the relevant details are as follows:
A heavy machine was acquired for RM3,000 and used in the company.
A reconditioned van was acquired for RM130,000 to transport their management team. The van was not licensed as a commercial vehicle.
On 3 October 2023, the company bought a folding machine for RM120,000.
Required:
Compute the total capital allowances claimable by Ibu Mertuaku Berhad for the above assets for the year of assessment 2023.

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