QUESTION FIVE [10] Read the scenarios below and answer the question that follows: Maggie Hirsch On 26 February 2019 Maggie Hirsch, a dealer in property, agreed to sell a country estate (a property) to his out of wedlock child, Nelly Tailor, for its market value of R1 000 000. (Maggie Hirsch, held this property as part of his trading stock.) The purchase and sale agreement provided for An initial amount of R40 000 to be paid immediately, and 12 annual instalments of R80 000 each. Nellys mother paid the R40 000 on Nellys behalf 11 days after it was due, this being on 07 March 2019. Indicate in which year or years of assessment the amounts in question may be said to have accrued to the various taxpayers. Brief reasons should be furnished to support your answer. (5) Mike Jaddoo Mike Jaddoo presented magic performances in South Africa in February 2019. He presented 10 performances up to and including one on 29 February 2019 and was paid R5 000 for each performance. Part of each performance is to pick pocket a R200 note from a member of the audience. This R200 note he keeps until the following day when he approaches his victim and bets R200 that the victim will be given R200 within three minutes. Although Mike has performed this trick for 18 years throughout South Africa and the rest of the world all his victims accept the bet. At the point in time he produces the R200 note that he had stolen that night before from his victim and gives it back to him. Mike therefore wins the bet. As a result, he keeps the R200 he would otherwise have had to return. Indicate in which year or years of assessment the amounts in question may be said to have accrued to the various taxpayers. Brief reasons should be furnished to support your answer. (5) QUESTION 6