Mewah Medical Centre Sdn Bhd $($Hospital$)$ is a private hospital incorporated and resident in Malaysia. The Hospital acquired a piece of land and commenced construction of a medical facility on $1$ March $2018.$ The building was completed in May $2020$ at a cost of RM$6,214,081.$ Details of the cost incurred are as follows:

Particulars of expenditure

RM

Cost of land $-194,000$

Legal fee for transfer of land $-19,000$

Cutting and leveling land $-112,116$

Excavation and preparation of site for construction $-39,451$

Piling and foundation works $-659,928$

Construction of building $-4,997,688$

Construction of perimeter wall $-17,047$

Architect fee $-$ hospital building design $-68,186$

Legal fees $-$ for obtaining various building approval $-31,659$

Subcontract charges $-$ installation, wiring and plumbing $-36,041$

Landscaping charges $-38,965$

Total $6,214,081$

The management found it difficult to maintain profitable operations with rising medical costs and the hospital was disposed of to another health facility in November $2022$ for RM$8$ million.

Required:

Compute the qualifying building expenditure, industrial building allowances due and the balancing allowance or charge, upon disposal of the building.

$($ Total $/$ Jumlah: $20)$