SEPTEMBER $20221.$ Lotus Machine Sdn Bhd was newly incorporated on $18\mathrm{.}5\mathrm{.}2019$ with a financial year ending on $31$ December. Its principal business operation is to make and sell agricultural machinery such as harvesters and movers. The company runs its business activities from the following buildings: Factor: A land with a factory building was acquired with the following information: The above purchase transaction and initial repairs to the factory building were completed on $11\mathrm{.}12\mathrm{.}2019$ and the ccmpany started its factory operations on $\backslash (27\mathrm{.}1\mathrm{.}2020\mathrm{.}25\backslash \%\backslash )$ of the factory building is used for a show room by the marketing team for potential customers to review its products. A flocd that happened in June $2022$ caused damage to the factory building. A total of RM$220,000$ in insurance reimbursement was collecisd for the damages. Warehouse: In $2020,$ a warehouse for the factory's material and finished goods storage was built on the land with the following expenditures incurred: The warehouse commenced operation immediately upon the construction's completion. The warehouse was not insured by the company. Due to substantial damage from the flood, the company decided to demolish the building with an incurred cost of RM$3,000.$ The sales of scrap materials from the demolished building is RM$8,000.$ Cate:

In August $2020,$ the company purchased a large shipping$/$storage container for RM$3,000.$ The company further insurred RM$5,000$ to install and modify it to become a caf$$ with a permanent structure at the factory prenise. It was being rented to a food operator for the factory staff's benefits.

Workshop:

A workshop was built at the factory premise to repair the faulty machine after its sale within the warranty period. The workshop building construction cost incurred was RM$15,000$ in $2021.$

Hostel:

In Cctober $2022,$ a house was rented adjacent to the factory premise for accommodation of its factory staff. The company incurred RM$10,000$ in renovations of the house prior to its usage as a hostel.

Required:

$($a$)$ Justify whether each of the above premises qualifies for an industrial building allowance $($IBA$)$ in the year it incurs.

$(5$ marks$)$

$($b$)$ Calculate the IBA for the relevant year assessments $($YA$)$ until the YA $2022,$ wherever applicable. Show the calculation separately for each relevant building.

$(15$ marks$)$