Jabu Engineering $($Pty$)$ Ltd $($JE$)$ is an engineering company in Meyerton, South Africa, manufacturing solar panels for the solar retail market in South Africa. JE$$s year of assessment ends on $28$ February $2025$ and it is a registered VAT vendor. All amounts stated are exclusive of VAT unless otherwise stated. JE is not a small business corporation as defined in section $12$E and its process of manufacturing has been approved by SARS. The following information is provided to you for the $2025$ year of assessment: $1.$ JE has a calculated taxable income of R$1259267$ for the $2025$ year of assessment and an assessed capital loss of R$126150$ carried forward from the $2024$ year of assessment. The following information has not yet been taken into account in the taxable income amount of R$1259267$ above. $2.$ JE purchased a manufacturing machine XK new on $15$ June $2023$ for an amount of R$747500($including VAT$)$ and brought it into use on $30$ June $2023.$ Due to an increased demand for solar panels, JE decided to replace Machine XK with a technologically advanced machine. Machine XK was sold on $1$ September $2024$ for an amount of R$685000.$ A second$-$hand manufacturing machine ZP was purchased on $10$ September $2024$ to replace Machine XK for R$950000$ and brought into use on $18$ September $2024.3.$ JE sold a factory building it purchased on $17$ July $2021$ for R$7500260$ on $30$ October $2024$ for an amount of R$8100150.4.$ JE purchased a new factory building on $15$ November $2024$ for R$10925000($including VAT$).$ REQUIRED Marks Calculate the taxable income for Jabu Engineering $($Pty$)$ Ltd for the year of assessment ended on $28$ February $2025.$ Start your calculation with the taxable income amount of R$1259267.$