Question 1 Valerie Vamp, or designer of exclusive leather garments for export has the following plant on hand at 1st of July of the current income year. Valarie is a non-SBE taxpayer but would like to use the low- value pools where applicable and minimise her taxable income. Item Cost Price Opening Adjustable Value Tax Depreciation Rate 20,000 17,400 20% DV Leather Garment Machine A 60,000 36,000 20% PC Leather Garment Machine B Valarie sold Leather Garment Machine A on 30 September of the current income year for $15,000. Please complete the spaces below for the following: Machine A: Days; Decline in Value, AV at Sale; and Balancing Adjustments. Machine B: Decline in Value and CAV Just write the figures WITHOUT commas. UNIFORM CAPITAL ALLOWANCES EXISTING ASSETS AND NEW ASSETS DISPOSALS YEAR ITEM CP OAV RATE DAYS BIA Decline CAV in Value AV (at SP sale) 1/7 McA 20000 (17400 20%DV [A] [B] [C] 15000 [D] 1/7 Mc B 60000 36000 20% PC 365 [E] [F]