Question 2 14 marks Polly's existing plant and equipment as well as new purchases and disposals are as follows: Plant on hand Item Furniture office Film equipment 1 Editing equipment Computer System Cost OAV at 1.7.2017 14,600 25 Rate ,000 30,000 12,000 6,000 18,000 22,000 6,000 10% diminishing value- 40% diminishing valued 20% diminishing valued 20% prime coste Purchases Item Film Equipment 2 Camera 1 Camera 2 Purchase date 1.10.2017 16.1.2018 1.6.2018 Price $ 35,000 5,800 1,500 Effective life 4 years 5 years 2.5 years+ Sales Item Film Equipment 1 Furniture Office Camera1 Sale date 1.10.2017 5.5.2018 30.6.2018 Sale price $ 32,000 4,000 5,000 - Required: You are also required to complete the relevant Uniform Capital Allowance Schedule for Polly assuming she does not want to use any pooling