Glories Ltd carries out a manufacturing and wholesale business in Nairobi. The following are details of fixed assets held by the firm. Year of acquisition cost Kshs "000" Machinery (old) fixed in old building.............. 2018............. 24,560,000 Computers........ 2019............... 3,450,000 Furniture and fittings.. 2018...............2,438,900 New machinery fixed in building 2019. 28,000,000 Factory building. 2018.............21,200,000 Extension to factory building (Brought to use on 1 August 2019)......... 2019.............7,800,000 Required 1) Compute the capital allowances claimable by the firm for the years 2018 and 2019 (11 Marks) ii) Discuss tax planning measures the firm would have adopted to enjoy more capital allowance, holding constant the date and value of acquisition (5 Marks) Glories Ltd carries out a manufacturing and wholesale business in Nairobi. The following are details of fixed assets held by the firm. Year of acquisition cost Kshs "000" Machinery (old) fixed in old building.............. 2018............. 24,560,000 Computers........ 2019............... 3,450,000 Furniture and fittings.. 2018...............2,438,900 New machinery fixed in building 2019. 28,000,000 Factory building. 2018.............21,200,000 Extension to factory building (Brought to use on 1 August 2019)......... 2019.............7,800,000 Required 1) Compute the capital allowances claimable by the firm for the years 2018 and 2019 (11 Marks) ii) Discuss tax planning measures the firm would have adopted to enjoy more capital allowance, holding constant the date and value of acquisition