uality Printers Pty Ltd purchased a new printing machine for $50,000 in May 2024. Is the purchase of this new printing machine deductible under section 8-1 ITAA97? Question 15Answer a. Yes, as it would be an appropriate business expense as the machine will be used in carrying on a business. b. No, as the expense would be private in nature c. Yes, but apportionment would apply and so only some of the expense would be deductible under section 8-1 ITAA97 d. No, as it would be a capital expense