QUESTION 3 (25 MARKS) (a) Alba Alfa Sdn. Bhd, a resident company, trades in cosmetics products. Alba Alfa Sdn. Bhd closes its accounts annually on 31 May, and in its year ended 31 May 2020, the company acquired the following assets: Lorry The lorry was acquired under a hire purchase scheme and the relevant details are as follows: Cost Deposit paid on 10 January 2020 Loan RM 210,000 30,000 180,000 2,000 Interest Instalment period First instalment due on Heavy machine 24 months 1 February 2019 The heavy machine was acquired for RM3,000 and used in Alba Alfa's business. Van A reconditioned van was acquired for RM130,000 to transport senior management. The van was not licensed as a commercial vehicle. Moulding machine On 3 October 2018, Alba Alfa bought a moulding machine from Shaima Company, a company resident in Indonesia, for RM120,000. Alba Alfa paid an additional amount of RM10,000 for the machine to be installed in Malaysia in November 2018. Alba Alfa did not remit any withholding tax to the Inland Revenue Board in respect of the purchase of the machine or the installation costs.