Anita starts trading on 1 July 2017, preparing accounts to 30 June. Her only acquisitions and disposals of plant and machinery in the first three years of trading are as follows:

Her AIA for the year to 30 June 2018 is set against the £20 5,000 expenditure on general plant. Compute capital allowances for the first three chargeable periods assuming that:

(a) she does not make any short-life elections

(b) she makes a short-life election with regard to the office machine.

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1 July 2017 1 July 2017 31 March 2020 Bought general plant Bought office machine Sold office machine 205,000 140,000 35,000