Question: Prepare the asset register outlining the current cost base elements of each property pursuant to the income tax legislation (6 marks). (Hint: create a table

Prepare the asset register outlining the current cost base elements of each property pursuant to the income tax legislation (6 marks). (Hint: create a table with the following four columns: (i) cost base element (ii) amount ($) (iii) date (iv) explanation).

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