Kabe owns a fleet of light delivery vehicles. One of his delivery vehicles with a market value of 170 000, and which had originally cost 190 000 on 1 March 2020 was exactly two years old at that point in time. (The Small Business Development Corporation had valued it at this date to determine the value of his assets and liabilities before granting him a loan. As of 1 March 2020, he has used his light delivery van as follows:

.60% for private purposes

40% for business purposes at his trading store

Kabe s costs for in relation to this delivery vehicle incurred during the 2020 year of assessment were as follows: Fuel and oil Repairs and maintenance Licence Insurance 31 200 6 000 720 6 00 Additional information: The Commissioner has approved a four-year write off period for the light delivery vehicle.

1.1 Discuss and determine the amounts that resulting from the above transactions that are deductible in the determination of Kabe's Taxable Income