assets lost and destroyed 2

Esa purchased a holiday cottage for 83400 on may 2002,which was destroyed in a hurricane on 27 oct 2013. he received insurance proceeds of 113000 on 5 june 2014 and purchased a replacement holiday apartment for 103440.

Insurance proceeds 113000
less:cost (83040)
29960
gain deferred (bal f) (20400)

chargeable gain(proceeds not reinvested) 9560
base cost of holiday apartment:
purchase price 103440
less : deferred gain (20400)
83040