$\backslash$table$[[$IIm received a travel allowance from nis employer amounting to R IU UUV IOI Ule Curleit year ur assessment. He uses his car for business and private travels. He bought this car exactly $1$ year ago for $R392000($including VAT$).$ Tim travelled a total of $15200$ kilometres during the current year of assessment, of which $8975$ kilometres was for private purposes. He also kept an accurate record of expenses incurred in respect of the car for the current year of assessment. The costs are as follows:$],[$Finance charges,,R$25785,],[$Maintenance cost$,,$R $5500,],[$Fuel cost$,,$R $7500,],[$Insurance premiums and licences fees,,R $4250,],[$REQUIRED:$],[$Calculate the taxable portion of the travel allowance received by Tim for the $2025$ year of assessment.$],[\backslash$table$[[$Where the value of$],[$Fixed cost the vehicle $\%($R$)]],,$Fuel cost $($c$/$km$),$Maintenance cost $($c$/$km$)],[$does not exceed R$100000,34480,151\mathrm{.}7,46\mathrm{.}0],[$exceeds R$100000$ but does not exceed R$200000,61770,169\mathrm{.}4,57\mathrm{.}6],[$exceeds R$200000$ but does not exceed R$300000,89119,184\mathrm{.}0,63\mathrm{.}5],[$exceeds R$300000$ but does not exceed R$400000,113436,197\mathrm{.}9,69\mathrm{.}3],[$exceeds R$400000$ but does not exceed R$500000,137752,211\mathrm{.}8,81\mathrm{.}5],[$exceeds R$500000$ but does not exceed R$600000,163178,243\mathrm{.}0,95\mathrm{.}6],[$exceeds R$600000$ but does not exceed R$700000,188653,247\mathrm{.}1,107\mathrm{.}3],[$exceeds R$700000$ but,,,$]]$