Question 3 Temidire Ltd, whose accounting year ends on 31st December, has the following assets at 31st December 2009 at Tax Written Down Value (TWDV): Assets No of years of TWDV ownership N'000 Office furniture 2 24,000 Factory building 5 750.000 Motor vehicles 1 250,000 Additions during the accounting year ended 31st December 2010 were as follows: N'000 Office furniture 130,000 Factory building 240.000 Motor vehicles 380,000 Required: Compute the capital allowances and the tax written down values for the 2011 year of assessment. 110 marks) Question 3 Temidire Ltd, whose accounting year ends on 31st December, has the following assets at 31st December 2009 at Tax Written Down Value (TWDV): Assets No of years of TWDV ownership N'000 Office furniture 2 24,000 Factory building 5 750.000 Motor vehicles 1 250,000 Additions during the accounting year ended 31st December 2010 were as follows: N'000 Office furniture 130,000 Factory building 240.000 Motor vehicles 380,000 Required: Compute the capital allowances and the tax written down values for the 2011 year of assessment. 110 marks)