Claire owns and operates a veterinary surgery. During the year ended 30 June 2020 she...

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Accounting

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Claire owns and operates a veterinary surgery. During the year ended 30 June 2020 she incurred the following expenditure: 10 August 2019 Re-plumbing of surgery due to faulty pipes $4,700 16 October Replace linoleum floor in surgery due to water damage from $1,800 2019 burst pipe 2 December Painting worn exterior of surgery $5,600 2019 1 March 2020 Sealing surgery car park which was previously dirt $15,400 Explain: The treatment of repairs versus capital improvements using the above facts. Calculate the total deductions available to Claire for the year ended 30 June 2020 are (to the nearest dollar)

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