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Assume the following taxpayer information: The taxpayer is a South African manufacturing company (not a small business corporation as defined) with a 31 March 2023

image text in transcribed Assume the following taxpayer information: The taxpayer is a South African manufacturing company (not a small business corporation as defined) with a 31 March 2023 year of assessment. Calculate the adjusted proceeds for the disposal of the machine BELOW. a. R315000 b. R195 000 c. R510 000 d. R705 000

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