Kilimanjaro Industries ltd made the following acquisitions to support its farming and food processing business during the year 2021:

	Ksh.000
Extension to factory building	45,000
Labour quarters	16,000
Silos	3,600
Delivery trucks	14,400
Saloon car for general manager	4,000
Milking parlour	3,000
Conveyor belt	4,000
Concrete water tanks	2,800
Carts	1,200
Gabions	4,000
Imported 2nd hand Tippers	6,000
Total	104,000

The company reported a profit before capital allowances amounting to ksh 120 million. This was after charging loss on sales of old tractor amounting to ksh 2,400,000.

Required:

Calculate the total taxable profit of the company for the year 2021.

A.

Ksh 74,180

B.

Ksh 161,020

C.

Ksh 78,980

D.

Ksh 165,820