Asset costs and capital allowances for Okavango Waste Disposal Company Ltd brought forward on $01$ June $2017$ are:

Furniture Heavy Plant Vehicles

P P P

Cost $44,00082,500250,800$

Capital allowances $(19,800)(80,300)(171,600)$

During the year a vehicle costing P$107,800$ was sold for P$30,800.$ Capital allowances on this vehicle amounted to P$69,300.$ In addition, during the year a plant was purchased for P$88,000.$ A plant that was purchased $2$ years ago for P$7,700$ was disposed for P$11,000$ during the year. The company is planning to replace the old heavy plant with a better quality one going for P$15,500$ in the next three years. For the year ending $31$ July $2018$:

a$)$ Calculate total capital allowances on the assets for the year ending $2018.(7$ marks$)$

b$)$ Calculate the written down value $($WDV$)$ for the assets. $(7$ marks$)$

c$)$ Calculate the balancing allowance $($charges$)$ from the disposal of assets. $(4$ marks$)$

d$)$ Calculate the base cost of the new heavy plant and explain your answer. $(1$ mark$)$

e$)$ Explain why BURS disregard depreciation in favour of capital allowances. $(1$ mark$)$