Patrick Smith On 18 December 2011 Patrick Smith purchased a residence for R1 500 000. He used it solely as his primary residence. On 2 February 2020 he sold this residence for R2 750 000 so as to purchase another primary residence. Patrick pays normal tax at the maximum marginal tax rate of 40%. He had no other capital gains or losses in the 2020 year of assessment. Required: Determine Patricks additional normal tax liability that arises as a result of the capital gain he realised. (15)