Rowan Enterprises is a company in the business of manufacturing domestic and office furniture for both local and export markets. The following financial statements were submitted to ZRA for assessment for tax year ended 31 December 2018. Additional information The company had the following assets in its asset register as at 1 January 2020 . The manufacturing building was acquired together with the business stand, the administration block was however constructed. The company had a policy of claiming maximum capital allowance on fixed assets. y 0 ir Required Calculate the tax liability of Rowan Enterprises for the year ended 31 December 2018. 30 marks Rowan Enterprises is a company in the business of manufacturing domestic and office furniture for both local and export markets. The following financial statements were submitted to ZRA for assessment for tax year ended 31 December 2018. Additional information The company had the following assets in its asset register as at 1 January 2020 . The manufacturing building was acquired together with the business stand, the administration block was however constructed. The company had a policy of claiming maximum capital allowance on fixed assets. y 0 ir Required Calculate the tax liability of Rowan Enterprises for the year ended 31 December 2018. 30 marks