Solly Shwarma is a lazy man. He is always trying to “make a quick buck” and sometimes indulges in some questionable business activities. During the 2017 year of assessment, Solly’s activities consisted of the following: 1. Solly won a prize at the local gold club for the best amateur golfer of the month and received R2 500.00. 2. Solly sold his watch to a second hand dealer for R8 000.00. 3. Solly sold a rare piece of art work inherited from his father to his son for R20 000.00. 4. As it was his birthday, Solly celebrated the day by going to a casino. He won R100 000.00 on a gambling machine that day. Solly frequents the casino on the odd occasion. 5. Solly donated the R100 000 he won to his daughter for his grand-daughter’s school fees. 6. Solly sold his holiday home in Durban for R1 750 000.00. The following information is relevant: R Purchased in 2013 900 000 Transfer duty in 2013 30 000 Repairs to the house – in 2014 12 200 Addition of a double garage 20 000 Agent’s commission on the sale of the house 17 500 Solly’s petrol expenses to travel to Durban to inspect the house 900 You are required to calculate the Capital Gains Taxes due by Solly for the year ended 28 February 2017. Show all your calculations. Clearly indicate items that are not subject to capital gains tax, with a reason, if any. (15)