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do it in detail b) TerasJaya Sdn. Bhd. (TSB) is a Malaysian resident company in manufacturing sector. The company prepares its accounts to 31 December

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b) TerasJaya Sdn. Bhd. (TSB) is a Malaysian resident company in manufacturing sector. The company prepares its accounts to 31 December annually. During the basis period for the year of assessment 2020, TSB acquired a molding machine (general machine) of RM65,000. Installation cost of alterations to the existing factory building of RM3,000 was incurred before the machine operates On 1 February 2020, the business disposed of an old truck for RM15,960. The residual expenditure brought forward at 1 January 2020 was RM10,760 In the same year, it acquired new truck (licensed as a commercial vehicle) for the business. The vehicle was acquired on 20 February 2020, under a hire purchase scheme. The cost of the truck was RM150,000. Deposit of 10% was paid on the same day. The term indicated of 72 months of installment (6 years) starting from 1 April 2020. The loan including interest was RM175,500. On 15 March 2020, the business purchased new generator (general machine) for the factory at a cost of RM30,000. The additional cost of alteration (tunneling & levelling) to the land of RM2,500 was incurred to install the generator. Required: Compute the capital allowances, balancing charge/allowance (if any) for the assets acquired by TSB for the year of assessment 2020. (10 marks) b) TerasJaya Sdn. Bhd. (TSB) is a Malaysian resident company in manufacturing sector. The company prepares its accounts to 31 December annually. During the basis period for the year of assessment 2020, TSB acquired a molding machine (general machine) of RM65,000. Installation cost of alterations to the existing factory building of RM3,000 was incurred before the machine operates On 1 February 2020, the business disposed of an old truck for RM15,960. The residual expenditure brought forward at 1 January 2020 was RM10,760 In the same year, it acquired new truck (licensed as a commercial vehicle) for the business. The vehicle was acquired on 20 February 2020, under a hire purchase scheme. The cost of the truck was RM150,000. Deposit of 10% was paid on the same day. The term indicated of 72 months of installment (6 years) starting from 1 April 2020. The loan including interest was RM175,500. On 15 March 2020, the business purchased new generator (general machine) for the factory at a cost of RM30,000. The additional cost of alteration (tunneling & levelling) to the land of RM2,500 was incurred to install the generator. Required: Compute the capital allowances, balancing charge/allowance (if any) for the assets acquired by TSB for the year of assessment 2020. (10 marks)

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