On 1 February 2022, Ubuntu (Pty) Ltd acquired a new non-manufacturing asset for R260 000. The asset was brought into use immediately. On 30 April 2024 the asset was sold for R50 000 cash.

Calculate any recoupment or scrapping allowance for Ubuntu (Pty) Ltd on this machine for the 2025 year of assessment ending 28/29 February. Assume Ubuntu (Pty) Ltd is not a Small Business Corporation, as defined in the Act. In terms of Binding General Ruling No. 7, an acceptable write-off period for this asset would be three (3) years.