All depreciable assets are for 100% business use and Big Profits uses a low-value pool for all eligible assets. The closing value of the low-value pool at 30 June 2023 was $5,300. Big Profits purchased a printer on 5 June 2024 for $700. Advise Big Profits of the income tax consequences arising out of the above information for the 2023-2024 income year assuming an immediate deduction is not available. 14.7 Jacaranda Pty Ltd is a new company operating in Perth, West Australia. The company signed a commercial lease for a period of several years with an option to further extend the lease at its discretion. The company incurred various expenses in making the leased premises suitable for its business. The expenses relate to the leased premises and considered a capital expense. Advise Jacaranda as to its income tax consequences arising out of the above information. Solution