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The information below is for answering Questions 13 to 15 which relate to the year of assessment 2018/19 The following transactions occurred in the year

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The information below is for answering Questions 13 to 15 which relate to the year of assessment 2018/19 The following transactions occurred in the year ended 31 March 2019: Proceeds from the sale of furniture - 20% pool (cost $120.000) 25,000 Proceeds from the sale of vehicles - 30% pool (cost $400,000) 450,000 Purchase of vehicles 550,000 Purchase of office furniture 100,000 Purchase of room air-conditioners - 20% pool 90,000 Tax written down values (WDV) of plant and machinery brought forward from the previous year of assessment are as follows: 20% 30% WDV brought forward $700,000 $750,000 13. Total initial allowance that can be claimed is A) 114,000 B) 220,000. C) 333,000 D) 444,000 14. Annual allowance that can be claimed for the 20% pool is. A) 76,000 B) 150,200. C) 171,000. D) 321,200. 15. Annual allowance that can be claimed for the 30% pool is: A) 76,000. B) 150,200. C) 171,000. D) 321,200

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