Paste BIU ~ ab X2 X AD Comments AaBbCcDd AaBbCcDd AaBbCc A - D A v Aa A" A 0 1 Normal No Spac... Heading 1 Editing Clipboard Is Create and Share Request Font Dictate Adobe PDF Sensitivity Editor Paragraph Signatures Reuse Styles Files Adobe Acrobat Voice Sensitivity Editor | Reuse Files Q1: Justin Evans is the managing director of a mining company which has its head office in Perth and its main mine in the Kimberley. On 1 July of the current FBT year the company provided him with a leased car which would have cost 50000 if purchased (inclusive of a delivery charge of 400$ and an initial transfer tax of 600$). The lease is for 4 years. Between 1 July and the following 31 March Justin expects to travel 23000 km, of which 18000 km will be for business purposes. He is entitled to use the car for private purposes at any time. Justin does not contribute to the running costs of the car. Assume the trade-in reduced the cost of the car by 12000. Justin did this because his employer agreed whit him to payout the lease at the end of the 4 years and give the leased car to him. It is anticipated that the payout figure at the end of the lease whould be 15000$. The market value of the car is expected to be 20000$. " Focus 8 - - 10:08 AM English (Australia) O { Accessibility: Good to go w Page 1 of 1 460 words X Wednesday 27 M e S 10/08/2022 O Type here to search DELL End Delet PrtSer Insert Home F12 O F11 F10 FO F8 E7 F6 Ba F5 F4 ESC X F3 F2 En F1 A 5 4