QUESTION 2 (20) Castle black is an employee for Breweries Imitated, he had received a travel allowance from his employer amounting to R86 000 for the current year of assessment. His car is used for business travel and private travel. He had purchased his vehicle a year ago for R350 000 (including a VAT). Castle travelled a total of 16 500 kilometres during the current year of assessment, of which 8 400 was for private use. It should be noted that Castle has also kept an accurate record of expenses that were incurred in respect of the car for the current year of assessment. The costs are as follows: R Finance charges 47 800 Maintenance cost 9 500 Fuel cost 12 400 Insurance premiums and licences fees 2 350 Required: Calculate the taxable portion of the travel allowance received by Castle for the 2020 year of assessment. The table provided on the next page should be used when making the relevant calculations.