Taxpayer holds a rental property and derives rental income. The taxpayer makes the following asset purchases in relation to the rental property. On 1 August 2021, taxpayer purchases and installs a new air conditioner, costing \$990, which has a 5 year effective life On 1 March 2022, taxpayer purchases a new electric heater that is attached to the wall, at a cost of $250, which has a 5 year effective life. On 1 April 2022, the taxpayer repairs the wire door, replacing the wire with new netting $100 What is the maximum decline in value that can be claimed as a deduction to the taxpayer? Select one: a. $1,240 b. $1,340 C. $416 d. $436