The following transaction relates to Bob CC: a) During 2018, Bob CC offered a two year learnership to Tim Naidoo. Tim is a disabled as defined in the Employment Equity Act. He commenced his two year learnership on 1 March 2018. He completed his learnership on 28 February 2020. b) Bob CC conducts qualifying technological research and development activities. The research activities were approved by the Department of Science and technology. The following costs related to the 2020 year of assessment: - Operating expenses R 400 000 - Purchase of new and unused research machinery R 1 000 000 The machinery was purchased on 1 March 2019 and brought into use on the same date.

Required: Briefly discuss the deductibility of the amounts in terms of the general deduction formula for the 2020 year of assessment. Ignore case law. List all requirements where necessary.