Kayla in 2015 had quit her job and decided she wanted to run a business. Subsequently, on 8 September 2015, Kayla entered into a contract to purchase vacant land for the amount of $600,000. She paid stamp duty and legal fees of $50,000 for the purchase. Settlement occurred on 8 October 2015. Kayla then on 1 November 2015 entered into another contract to have a retail store built on the vacant land, as well as a small garage (that could store a car) built on the rear of the same land. The contract involved Kayla paying the builder $550,000 to construct these. The construction was completed by 15 January 2016. After construction was completed, Kayla immediately started running a furniture retail business (as a sole trader) in her recently built retail store. To earn extra income, Kayla rented out the garage in the rear of the land to a car enthusiast for rent of $10,000 a year. Kaylas furniture business was successful, and for the time she owned it, the business consistently had annual aggregated turnover of over $4 million. On 15 February 2022, Kayla entered into a contract to sell her business assets. Although she enjoyed running a business, she felt that the price she was able to sell the business for was too good an opportunity to not take up. Kayla was 52 years of age at the time. Under this contract (entered into with Jake, who planned to continue running the business), she was to be paid the following: $1,600,000 for the sale of the land with the shop premises and garage on it. $300,000 for the sale of goodwill attached to the store. $60,000 for the trading stock in the store $100,000 to not compete with Jake for 3 years. At the time Kayla entered into the contract in February 2022, she owned the following assets: Her main residence located in Kew, worth $2.5 million (unmortgaged) An investment property located in Burwood worth $1.2 million (with a $500,000 mortgage) Shares in BHP, worth $200,000. A van that had previously been used by Kayla purely for business purposes (her furniture business) -- but she intends to use it after the sale of her business for personal use only. This was worth $20,000. 54% share in a company called SDE Pty Ltd the company had a market value of $300 000. 25% share in a company called UII Pty Ltd the company had a market value of $200,000. On 1 March 2022, Kayla bought all the shares in a small company called AUL Pty Ltd for $200,000. The underlying assets of AUL Pty Ltd are a 30% interest in an investment property (this 30% interest is worth $90,000) and a 50% share in the assets of a small accounting firm (worth $110,000). Advise Kayla as to the Capital Gains Tax implications for this question. Specifically, advise Kayla regarding any CGT payable due to the above events. Ensure that this includes a discussion on whether Kayla can utilise the CGT Small Business Concessions (in Division 152 ITAA97), including the CGT small business rollover concession