MOTOR VEHICLE Paula, who is employed as a real estate agent, purchased a new Toyota RAV 4 (RAV-007) for $39,000 on 01 July 2018. During the 2019 year, she used the vehicle to travel to visit properties for viewings, home opens and valuations. Paula kept a logbook for twelve weeks during the 2019 year. At the end of the twelve week period, her logbook shows that she travelled a total of 6,600 km, of which 3,432 were work related. The odometer reading when she purchased the car was 250 km and on 30 June 2019 it was 28,985 km. Paula has not kept any fuel receipts. Her motor vehicle used 9 litres of fuel per 100 kilometres travelled and the average fuel price during 2019 in her area was $1.52 cents per litre. Paula had the following motor vehicle expenses: $2,200 Interest on motor vehicle loan $775 Registration $630 Insurance $145 Parking (while visiting clients) $130 Parking Fines (while visiting clients) $230 New tyres $480 Services Part One What amount would Paula include in her motor vehicle schedule for the total cost of her fuel during the year?

$903

$2,056

$2,588

$3,931

Hint: 1 Correct answer (s)

Part Two - Continuing on with Paula What is the total decline in value for the car for the year (using the diminishing value method)?

$9,750

$5,097

$10,401

$4,875

Hint: 1 Correct answer (s)

Part Three - continuing on with Paula What can Paula claim at Item D1 of the tax return?

$2,387

$6,925

$9,358

$17,996

Hint: 1 Correct answer (s)

Part Four - continuing on with Paula What can Paula claim at Item D2 of the tax return?

$0

$275

$75

$145

Hint: 1 Correct answer (s)