The directors of Total engineering, Cocupany limited presented the folloming Profit and Loss for the year ended 31 December 2022: Net Loss The following addibional information is provided 1. Purchase reams and sales returns were S3.500,000 and Sh.700,000 respectively. These were left out while preparing the trial balance. 3. Trade expenses inchude 22 amount of Sh00,000 travel expenses to Korea for the Director as part of the Nationsl Chamber of Coramerce Trade ad Industry promotica tour. 4. Repairs to machinen' inchide cmall loose tools writtea off by 5Sh10,000 6. Cupital allowncer have been agreed at 5:2,000,000. Required (a)Tsrable profirs for the year of incame 2022 (10 mark) (b) Ix payzble if xy for 2022 . Corrmpat on the results (2 marks) (5) The compary intends to give the Director a company car in 2022. What are the tax implications