Alhaji Bello disposed of the following assets during the year: (i) A warehouse used in his trade, sold for ₦45,000,000. It cost ₦20,000,000 five years ago. Legal and agency fees on the sale were ₦1,350,000. He spent ₦4,000,000 on an extension to the warehouse two years ago, which was still part of the building at the date of sale. (ii) His private motor car, sold for ₦6,500,000 (cost ₦9,000,000). (iii) Shares in a Nigerian quoted company sold for ₦130,000,000; the shares cost ₦85,000,000. No part of the proceeds was reinvested in Nigerian shares. Required: (a) Compute the chargeable gain and capital gains tax on the warehouse. (7 marks) (b) State, with reasons, the capital gains tax treatment of the motor car and the shares. (6 marks) (c) Explain what roll-over relief would have achieved had Alhaji Bello reinvested the warehouse proceeds. (2 marks)