UV purchased an asset for $50,000 on 1 October 20X6, incurring import duties of $8,000. UV depreciated the asset at 10% per year on a straight line basis. UV sold the asset for $80,000 on 30 September 20X9, incurring costs of $2,000. The asset was subject to capital gains tax of 25% and the indexation factor from 1 October 20X6 to 30 September 20X9 was 14%.

Calculate the capital tax payable by UV on the disposal of the asset.