Valerie Vamp as an individual provides personal service and obtains commission as a designer of exclusive leather garments for export has the following plant on hand at $1$st of July of the current income year.

Item

Cost Price

Opening Adjustable Value

Tax Depreciation Rate

Leather Garment Machine A

$20,000$

$17,400$

$20\%$ DV

Valarie sold Leather Garment Machine A on $30$ September of the current income year for $$15,000.$

The balancing adjustment on sale will be:

Deduction of $$877$

Deduction of $$1523$

Assessment of $$1523$

Deduction of $$2400$