Financial Information Your review of the companys balance sheet indicates the following: 2019 ($) 2020 ($) Building (hotel) 100,000,000 112,000,000 Furnitures 8,000,000 11,000,000 Computers (laptops and CPUs) 1,000,000 950,000 Computers (printers and monitors) 200,000 250,000 Stoves and Kitchen equipment 550,000 800,000 Motor Cars 5,000,000 14,000,000 Bus and Vans 8,00,0000 17,000,000 Software 11,000,000 20,000,000 Notes: Related to the company: 1. Motor cars purchased were Honda Accord for $3,000,000 and a BMW for $6,000,000. 2. During your review of the Repair & Maintenance account the following expenditure were noted: - An air-conditioner was purchased and installed in 2020 total cost inclusive of installation was $170,000. - In 2020, a new metal gate was built for the pedestrian entrance costing $300,000. - Purchase of a new telephone for $95,000. 3. During your review of the professional fees account for 2019 the following expenditures were noted: - Lawyers fee for registering a trademark was $15,000. Designing the trademark and cost of registering the trademark was $45,000. 4. Computer costing $50,000 was deemed defective and sold to a third party for $40,000. Information relating to the Director: 1. Mr. Richard Allen, the director of the hotel, has also requested that your firm assist with the preparation of his 2020 income tax computation. He provided you with the following information: a) Gross salary $7,000,000 per year. b) He was provided with a company car on 1 January 2019. Cost $3,000,000. c) As part of his compensation, he receives a meal allowance of $5,000 per week. d) The company also pays his son school fees for $80,000 per term. (assume 3 terms) e) Rest Well did not deduct any NIS, NHT, Education Tax or PAYE at source. f) Income from the rental of his personal investment property was $500,000. Expenses was $450,000. Capital allowance for this property was $80,000. Required i. Prepare the capital allowance computation for Allens Rest Well Resort