QUESTION ONE [30 MARKS] The let to ralue- at an s and ounts Notes 1. The insurance settlement of R181 930 recelved by Duckdown (Pty) Ltd was for fire damage to its building. A fire had occurred at a laundry situated on the ground floor. The fire damaged the laundry and the flat situated directly above it. Compensation for the laundry was R115 000 , and compensation for the flat was R66 930 . 2. It cost Duckdown (Pty) Ltd R138 000 to repair the "burnt" laundry. It cost R86 250 to repair the "burnt" flat. 3. Duckdown (Pty) Ltd's maintenance costs of R16 675 include paint, paint brushes and other hardware items purchased so as to carry out repair work to its building. 4. Duckdown (Pty) Ltd's premiums of R15 525 were incurred for the insurance of its building. 5. Duckdown (Pty)Ltd's bad debt of R16 330 is made up of debts written off for commercial rental debtors of R9 890 and for residential rental debtors of R6440. 6. The managing director of Duckdown (Pty) Ltd had lunch with its lawyer during this two-month period. He takes its lawyer to lunch from time to time to ensure that it always enjoys preferential treatment from her when it needs her professional services. The lawyer's lunch cost R529, and the managing director's lunch cost R161. 7. Duckdown (Pty) Ltd pays the caretaker's home telephone account. He has to make "business" telephone calls on a regular basis. He has indicated that 70% of his telephone calls are for it. His telephone account for this two-month period was R805. He is a part-time employee of it. 8. In September 2021. Duckdown (Pty) Ltd bought paint to be used to paint the exterior of its building for R23 940 (R21 000 plus value-added tax at 15\% of R2 940) from a local supplier. It enjoyed an input tax deduction of R1 176(40% of R2 940) in its tax period 1 September 2021 to 31 October 2021. It encountered quality problems with this paint, and paid the supplier only R17 955 (R15 750 plus value-added tax of R2 205) on 31 October 2021. It refused to settle this account until the quality problems were resolved. On 1 October 2022, R5 985 (R5 250 plus valueadded tax of R735) was still outstanding, despite numerous letters of demand having been received from its supplier. REQUIRED: Determine the value-added tax due to, or from SARS, for Duckdown (Pty) Ltd two-month tax period ending 31 October 2022