EXERCISE 13 Jerlun Sdn Bhd was incorporated on October 1, 2016 and make up its accounts annually to December 31. The machinery from Taiwan was delivered on January 1, 2003 and the business textile manufacturing commenced on February 1, 2017. The following expenditure was incurred during the financial year: Date Expenditure Amount Annual allowance 20% 05 Dec 2017 01 May 2018 Heavy Machinery Deposit Full payment 200,000 800,000 12 Jan 2018 14% Forklift (on hire purchase) Total cost Downpayment Total installment payments Principal Interest 130,000 20,000 01 Feb 2018 38,000 7,580 05 April 2018 86,000 20% Motorcar (Secondhand hand Toyota Camry) for General Manager 01 May 2018 Computer 8,000 40% 01 Nov 2018 10% Office equipment Deposit Full payment 10,000 50,000 Additional information The computer was found to be unsuitable after nine months' usage. It is disposed at RM4,000 on December 15, 2018. The Inland Revenue Board accepted the reason for the disposal. Required: Compute the capital allowances/balancing charge and residual expenditure for Jerlun Sdn Bhd for year assessment 2018