This case applies to the next few questions Jane is an Australian resident for tax...
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This case applies to the next few questions Jane is an Australian resident for tax purpose. She works at a global financial service firm as an investment analyst. During the 2020-2021 financial year. Jane has: received $64235 of salary as an analyst received $25189 of rent from an investment property received $3357 in lottery winnings sold some of her listed shares for $30,000, she bought the shares 7 months ago for investment purposes at $20,000 received a $385 gift voucher on her birthday from her family received $7000 fully franked dividend from her shares investment spent $28293 on interest expense toward her investment property mortgage spent $1187 on the CFA examination as the designation is required by her employer spent $1102 on suits for work spend $2654 on gym and sports club membership fee for her personal interest . . Please calculate Jane's Allowable Deductions? Select one: O a. $33,236 O b. $32,134 O c. $29,480 O d. $30,582 O e. None of the above Please calculate Jane's Taxable income? Select one: O a $70,842 O b. $79,944 O c. $71,227 Od $74,584 e. None of the above
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