B. Your Tax consultancy firm has recruited new employees in the tax department to conduct tax compliance checks on some of your clients. In the in-service training for these staff members, you have been tasked to explain to them the Pooling System of granting capital allowance as provided in the Income Tax Act 2015 (Act 896). Required: i. State four conditions that must be satisfied before capital allowance is granted (4 marks) ii. Using the information below.demonstrate to them how capital allowance is computed for all relevant years of assessment using the pool system. (16 marks) MUMUADU LTD is a company which commenced business on 12 May, 2011 preparing accounts to 31" December each year. In 2011 year of assessment, he acquired the following assets for use in the business. i. On 31/08/11 they bought a motor van amounting to GHS61.000 ii. On 1/9/11 they also purchased a mini bus to transport their staffs to work every morning costing GHS83,000 ini. On 19/11 they also purchased plant and machinery costing GHS78,000 iv. The company purchased a software that can help encrypt their information system costing GHS30,000 on 1/10/11 V. They purchased computes valued at GHS20,000 on 8/10/11 vi. They spent GHS30,000 to acquire Furniture and Fittings for his office. vii. On 30/7/12, they disposed off the motor van purchased on 31/08/11 for GHS14,000 viii In 2013 year of assessment, he replaced the motor van bought on 31/08/06 at a cost of GHS10,000 ix. They sold some of their furniture on 12/08/13 for GHS8,000 X. New computer and accessories was purchased within 2013 year of assessment for GHS30,000. TOTAL-25 MARKS