During the current year of assessment Daniella sold an asset that was acquired before 1 October 2001. The selling price is greater than all the costs incurred on the asset. The Market Value of the asset was determined on 1 October 2001. The Time- Apportionment Base (TAB) cost is greater than the Market Value on 1 October 2001 and 20% of the Proceeds less allowable costs incurred on or after 1 October 2001. Daniella can prove all the costs incurred before and after 1 October 2001. The Base Cost of the asset is: