Wich wedennce to each of then sauatoors bolow; outiene the Capatat cains Tax consequences of the Handactiens. fecer to hegislation, case liw and/or peinciples ol tax taw in your responser. 1. Marianne punchased an asset on 1 June 2008 for 550,000 and on 29 June 2018 the asset is destroyed by hire. What are the capital gains tax consequences of the fire in retation to the asset that was destroyed? 1i. On 1 June 2018 Jane grants Ashlegh the option to purchase her beach house in Ayron Biry. Ashleigh piys 52,000 for the option. Explain the specilic copital gains tax event that relates to the above situation. iii. Paula owns a boat that her neighbour, Fthan, is interested in buying but Ethan wants to try out the boat first. Paula agrees to hire the boat to Ethan and the agreement provides that fthan wil buy the boat at the end of three years uniess Ethan decides to buy the boat sooner, Outine the capital gains tax consequences of this agreement. iv. Steven purchased a property on 1 July 2012 in Sydrey. He immediately moved in and established it as his main residence. He moved abroad for 2 years on a work contract on the 30 June 2014. The property was rented out from 1 July 2014 to 30 June 2016. When his contract was finished Steven moved back into his house in Sydney. Explain how the main residence exemption applies to this situation. What are the capital proceeds for capital gains tax purposes if Mary-Anne were to gitt an apartmen