Calculate the normal taxable payable by Blue Cross (Pty) Ltd for year of assessment ended on 28 February 2019. (20) Question 5 BG (Pty) Ltd purchased a second-hand manufacturing machine for R500 000 (excluding VAT! on 1 November 2018 and brought it into use in a process of manufacture on that date. BG's year-end is 31 December. In May 2019 the machine was sold for R650 000 (excluding VAT) and not replaced. The machine was used in a process of manufacture until May 2019. Assume that BG's taxable income for the year ended 31 December 2019, before taking the above information into account, is R1.2 million. Calculate the taxable income of BG (Pty) Ltd for the year of assessment ended 31 December 2019. Indicate hoe the transactions concerning the machine affect other taxable income, showing the net effect of the principal Act separate from the net effect of the Eighth Schedule. (10 marks) [20 Question 6 (a) Lerato elected to retire from employment 30 31 August 2018, the day after he celebrated his 606 birthday. His income and deductions for the year of assessment ended 2 February 2019 were as follows: R