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QUESTION 3 The tax written down value of Leo Company's main pool items on 1 April 2019 was 250,500. Following the main pool, assets were

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QUESTION 3 The tax written down value of Leo Company's main pool items on 1 April 2019 was 250,500. Following the main pool, assets were acquired and disposed of during the year to 31 March 2020: E 15 July 2019 Purchased plant & machinery 410,000 10 Aug 2019 Purchased a motorcar CO2 emissions 95 g/km 18,000 5 Oct 2019 Purchased a van 80,000 9 Mar 2020 Sold equipment 23,000 The original cost of the equipment was 32,500, Required: Compute maximum capital allowances Leo Company can claim for the period ended 31 March 2020

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