Assets Benefit Details  
  Date of Transfer of Asset 07/04/2018 Assets Precious metals
  Memo      
  Particulars Amount
  Market value of asset when first provided as benefit A1 500.0  
  Amount already taxed as benefit since first provided A2 300.0  
  A1 minus A2 = A3 200.0  
  Market value of asset as at the date of transfer A4 250.0  
  Greater of A3 and A4 = A5 250.0  
  Amount paid by employee for the asset A6 100.0  
  Total Cash Equivalent Amount A 150.0