Spring Ltd purchases an asset for R 3 000 000 and expects to use the machine for 4 years. The firm will be able to deduct a SEC12C Wear and Tear allowance as follows for the next 5 years. 20% , 20% , 20% and 20% per annum. The business will be able to sell the asset at the end of 4 years for R 620 000 . At the end of the 4th year the firm will experience a ________

a) recoupment of R50 000

b)scrapping allowance of R20 000

c) scrapping allowance of R50 000

d) recoupment of R 20 000

e) recoupment of R440 000