On 10 January 2020 PHANTOM Pty Ltd acquired a disused building in Sydney to operate a printing supplies branch. Because of the need to install heavy printing equipment, PHANTOM Pty Ltd spent $50,000 in resurfacing and strengthening part of the floor. A few days later in order to comply with company branding, PHANTOM Pty Ltd also replaced the glass-top reception desk with an elegant wooden reception desk at a cost of $11,500. 

REQUIRED: 

Part 1. Advise PHANTOM Pty Ltd on the deductibility of the floor resurfacing and strengthening (for the heavy printing equipment). 

Part 2. Advise PHANTOM Pty Ltd on the deductibility of the reception desk.