Lusanda. When the parties married, Sipho had no assets apart from his interest in his pension fund,

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Lusanda. When the parties married, Sipho had no assets apart from his interest in his pension fund, valued at R50 000. He had started a new business and had an outstanding loan of R100 000. Lusanda owned a house valued at R200 000. She had no debts. At the time of divorce, Sipho's estate was worth R750 000 consisted of the following assets and liabilities: (a) Pension interest = R200 000 (b) A house, being a legacy from his godfather = R300 000 (specifically stipulated in will that legacy not to form part of a joint estate.) (c) Savings = R150 000 (d) Damages for loss of income after a mv collision = R100 000 (Assume that the damages were paid by a third party. (e) Balance outstanding on loan = R 50 000 Lusanda's estate is worth R800 000 consisted of the following assets: (a) House worth R700 000 (b) Diamond ring, being a gift from Sipho worth R 50 000 (c) Motor vehicle = R100 000 She has no liabilities. Assume the value of money has trebled since 1985. Calculate how the assets would probably be divided.