What will Chrissie claim at Item 21F of the tax returm (capital works deduction)?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
S4).

Transcribed Image Text:Description
Division 43
Residential
Carpets
Oven
Air
conditioner
Done of
construction
01/07/2008
DATE
01/09/21
31/01/22
31/01/22
Date of
purchase
01/10/2013
01/10/2013
01/10/2013
01/10/2013
Total Cost
$298.325
11,288
$3,450
$9,756
ITEM
Carpets
New Gas Hot Water
System
Dishwasher
OAV
2021
$208.766
$1178
$1010
14/199
COST
$3,800
$980
$570
OWDV
-2021
$247,957
$1178
$1010
$4./93
P/D
P
D
D
D
Rote
25% $7,458
20%
16.67%
10%
Decline
2021
QUESTION EIGHT
What will Chrissie claim at Item 21F of the tax return (capital works deduction)?
$236
3168
14/9
Private
9
SC
50
30
$0
CAV
2027
CWDV
2011
$201308 $240,499
5942
3842
$4,314
5942
$842
5434
NOTES
Existing carpet was removed and scrapped
Existing HWS was in low value pool and was scrapped
Purchased second hand
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