QUESTION 4 (25 MARKS) In June 2017, Mikail purchased a piece of land for RM300,000. His expenditure was as follows: RM Legal fees on acquisition 1,700 Stamp duty on acquisition 4,000 Interest expenses 1,000 On 6 January 2020, he disposed of the land for RM650,000. His expenditures include the followings: RM Drainage 14,000 Farm building 23,000 Fencing 6,000 Legal fees 24,000 Agents fee 17,000 Advertisement 3,000 Valuation fees 2000 Required: (a) Compute the amount of Real Property Gain Tax (RPGT) liability for Mikail in respect to the disposal of her land. (12 marks) ) (b) Explain THREE (3) examples of capital receipts that would reduce the acquisition price of a real property. (6 marks) (c) Explain tax administration of real property gain tax. (7 marks)