Chapter 6: Small Business Entities 275 QUESTION 6.3 (Addition of an asset and temporary full expensing) Gwyneth is a resident, individual small business taxpayer. As at 30 June 2021, she had a General small business pool balance of $41,800. During May 2022, Gwyneth purchased a new business asset at a cost of $180,000. There were no disposals during the year. Calculate any amounts that are deductible for the 2021/22 tax year. Calculate the closing balance of the asset pool