Rahim Sdn. Bhd. (RSB) was incorporated on 2 December 2017 and commenced business on 1.1.2018 and closes its accounts on 31 December every year. The following assets were acquired by RSB: Plant and Machinery On 13 October 2021, a plant and machinery costing RM65,000 was brought into Malaysia for business use. It was originally used for business in Japan. The net book value and the market value of the plant and machinery were RM34,500 and RM33,000 respectively. The company incurred RM10,000 to prepare the site installation purposes. Delivery van On 25 April 2018, a secondhand delivery van costing RM75,000 was bought on cash basis. The van was sold in July 2021 for RM30,000. Mazda A car was acquired under hire purchase for the use by the general manager in 2019 at a cost of RM198,000. The details of the hire purchase are: Deposit No. of installments Usage : RM48,000 paid on 20 August 2019 : 60 monthly installments beginning September 2019 : 70% for business use Required: Compute the capital allowances, balancing charges, or balancing allowances (if any) for the above assets for all the relevant years of assessments up to Year of Assessment 2021.

Rahim Sdn. Bhd. (RSB) was incorporated on 2 December 2017 and commenced business on 1.1.2018 and closes its accounts on 31 December every year. The following assets were acquired by RSB: Plant and Machinery On 13 October 2021, a plant and machinery costing RM65,000 was brought into Malaysia for business use. It was originally used for business in Japan. The net book value and the market value of the plant and machinery were RM34,500 and RM33,000 respectively. The company incurred RM10,000 to prepare the site installation purposes. Delivery van On 25 April 2018, a secondhand delivery van costing RM75,000 was bought on cash basis. The van was sold in July 2021 for RM30,000. Mazda A car was acquired under hire purchase for the use by the general manager in 2019 at a cost of RM198,000. The details of the hire purchase are: Deposit No. of installments Usage : RM48,000 paid on 20 August 2019 : 60 monthly installments beginning September 2019 :70% for business use Required: Compute the capital allowances, balancing charges, or balancing allowances (if any) for the above assets for all the relevant years of assessments up to Year of Assessment 2021