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Ngwenya (Pty) Ltd in December 2022, sponsored a national weightlifting championship with branded equipment (displaying their logo) worth R250 000. How much can Ngwenya (Pty)

image text in transcribed Ngwenya (Pty) Ltd in December 2022, sponsored a national weightlifting championship with branded equipment (displaying their logo) worth R250 000. How much can Ngwenya (Pty) Ltd deduct from its income for the year of assessment ended 28 February 2023. a. R250 000 b. R25 000 c. R nil d. R125 000

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