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Small Pty Ltd is an SBE business taxpayer that leases most of its assets. However, Small Pty Ltd acquired the following assets during the year.

Small Pty Ltd is an SBE business taxpayer that leases most of its assets. However, Small Pty Ltd acquired the following assets during the year.
Asset A was acquired on 1 July of current year. It has a life expectancy of 8 years and cost $1,500.
Asset B which was bought on 1 November CY at the cost $10760. It has a life expectancy of 15 years.
Asset C was bought on 1 December CY at a cost of $30,000. It has a life expectancy of 12 years.
Asset D bought on 1 August CY for $220,000, and the asset has an effective life of 8 years.
State ALL the answers that are CORRECT.
Group of answer choices
Small Pty Ltd will be able to write off immediately Assets A and B.
Small Pty Ltd can allocate both Assets A and B to a Low-Value Pool and depreciate them at 15%.
Small Pty Ltd can create a single pool and place Asset C and D into that pool and claim depreciation at the rate of 30% for the current year.
Small Pty Ltd can create a single pool and place Asset C and D into that pool and claim depreciation at the rate of 15% for the current year.

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