The management of Santa Limited has presented the following trading and profit and loss account for the year ended 31 December 2021:

	Ksh. 000	Ksh. 000
Sales		18,500.00
Less cost of sales:
Opening Stock	4,200.00
Purchases	5,600.00
Cost of goods available for sale	9,800.00
Closing stock	(2,400.00)	(7,400.00)
Gross profit		11,100.00
Other incomes:
Gain on sale of equipment		120.00
Interest on savings account (gross)		40.00
Divided for a quoted company		80.00
Gain on foreign exchange transactions		100.00
		11,440.00
Expenditure:
Goodwill amortization	25.00
Legal expenses	420.00
Salaries	2,000.00
Bad debts	500.00
NSSF contribution	60.00
General expenses	600.00
Advertising	300.00
Staff meals	190.00
Travelling expenses	180.00
Donations to a trade association	40.00
Property rates	45.00
Depreciation	150.00
Interest on long term	300.00
Interest on bank overdraft	80.00
Insurance premiums	124.00
Cost of stolen stock	20.00
Provision for bad and doubtful debts	200.00
Branch closure costs	100.00	(5,334.00)
Net profit		6,106.00

1. The closing stock on 31 December 2021 was valued at a cost plus a markup of twenty per cent.

2. Legal expenses related to:

	Ksh.
Preparation of the Memorandum of Association	150,000
Conveyance fees on purchase of land	60,000
Renewal of 89 years lease	90,000
Settling customer disputes	100,000
Acquisition of a bank loan	20,000
	420,000

3. Sales (expense) includes:

	Ksh.
Directors allowances	720,000
Christmas gifts to staff	600,000
Golden handshake to a retiring director	400,000

4. Bad debts include

	Ksh.
Loan to director	200,000
Estimated defaults by trade debtors	120,000

5. Advertising expense includes Ksh. 100,000 for a neon sign
6. Twenty per cent of the travelling expenses relate to the private usage of company motor vehicles.
7. Capital allowances were agreed with the revenue authority at Ksh. 200,000.

Required

1. Adjusted taxable profit or loss for Santa Limited for the year ended 31 December 2021.

2. The tax payable by Santa Limited (if any) for the year ended 31 December 2021

3. Determine the dates when tax computed in (b) above is payable given that the taxable profits for the year ended 31 December 2020 was sh.3,200,000