On 1 February 2022, Ubuntu (Pty) Ltd acquired a new machine for R2 200 000. The machine was brought into use the same day in a process of manufacture. The machine was totally destroyed during a flash flood after heavy rains in December 2022. The insurance company indemnified Ubuntu to an amount of R2 050 000 on 1 February 2023. Calculate any recoupment or scrapping allowance for Ubuntu (Pty) Ltd on this machine for the 2023 year of assessment ending 28 February. Assume Ubuntu (Pty) Ltd is a Small Business Corporation, as defined in the Act.\ \ a.\ R2 050 000 recoupment\ \ b.\ R1 170 000 recoupment\ \ c.\ R(150 000) scrapping allowance\ \ d.\ R1 610 000 recoupment