Question 4 Wanda disposed of a number of assets during 2021/22 as follows 1) Antique vase Wanda bought this vase for 10,000 in 2006 and sold it for 5,250 in June 2021. 2) Antique table This had been purchased in August 2008 for 4,500 and was sold in May 2021 for 7,500 3) Land In April 2006, Wanda acquired an 8-hectare field for a cost of 5,000 per hectare. She sold 3 hectares in July 2021 for 90,000. At the time of the sale, the remaining 5 hectares were valued at 20,000 in total. 4) 56 Church Road Wanda purchased this house in April 2012 for 120,000. She lived in the property until March 2018 when she moved into her partner's property. The house remained empty until it was sold in March 2022 for 200,000. Required: a) Calculate the capital gain arising on each of the above disposals. b) Briefly explain how an individual's taxable income impacts the calculation of their capital gains tax payable.