INFORMATION: Nitro Ltd is a manufacturer of motor vehicle components. It disposed of a plant on 28 February 2019 for R3 680 000 (incl.VAT @15%). The plant was purchased second hand on 1 November 2017 from another manufacturing company for R 2 052 000 (incl. VAT @14%) REQUIRED 4.2.1 Calculate the Section 8 recoupment for Nitro Ltd on the sale of this asset based on the Section 12 C allowance. (6 marks) 4.2.2 Calculate taxable capital gain.