Kencoff Company Ltd. is a coffee manufacturing company that was incorporated on 1 January 2020. The company commenced its operations on 2 May 2020 after incurring the following expenditure.

Factory land and building Conveyor belts Furniture and fittings Farm labour quarters Coffee milling machinery Irrigation system Borehole Construction of gabions Lorry (3.5 tonnes) Fencing of the farm Farmhouse Tractor Godown Factory perimeter wall Delivery van Trailer for tractor Computers 2 Saloon cars (each costing Sh.3,300,000) Sports pavilion Additional information: 1. 3. Sh. 82.000.000 6,200,000 350,000 4,800,000 4,200,000 1.480,000 2.360,000 1,120,000 3,400,000 780,000 2,620,000 3,600,000 1,860,000 948,000 2,600,000 520,000 720,000 Office curtains Fax machine Water pump Packaging machine 6,600,000 1.840,000 Included in the factory land and building is the cost of land valued at Sh.45,000.000. One of the saloon cars was disposed of during the year for Sh.2,200,000. The following assets were purchased on 1 August 2020: Sh. 320,000 180,000 560,000 1.720,000 Required: Investment allowances due to Kencoff Company Ltd. for the year ended 31 December 2020.