Time left 1:27:07 Cedric Pole aged 56 purchased a two-bedroom flat in Cape town by the beach on 10 July 2002 for R520 000. On acquisition he paid transfer duty of R32 000 and legal fees of R9 300. He and his wife have always used this property every time they wanted a mini vacation. He sold the flat to buy a nearby stand-alone holiday cottage. Cedric made the following alterations and improvements on the flat to make it more appealing to the new owners, Kitchen improvements of R28 000, paid a lady to wash all the walls for R1 500, fixed the toilets seat for R350. He incurred agent's commission on the sale of the property of R52 000. Interest on the bond from acquisition is R178 000. The base cost of the flat is: O a. R641 300 b. R520 000 O c. R642 800 Od. R643 150 B Next page​