QUT Pty Ltd is a company that owns a commercial investment property. The property has one tenant, which operates a childcare centre business. QUT Pty Ltd is registered for GST. The tenant is also registered for GST and pays monthly rent of $11,000 inclusive of GST to QUT Pty Ltd. The GST-exclusive annual expenses incurred by QUT Pty Ltd for the year ended 30 June 2020 are as follows: 

Accounting fees $5,500 

Bank fees $120 

Cleaning $3,600 

Council rates $8,000 

Interest $32,000 

Land tax $3,400 

Repairs & maintenance $12,000 

Included in the Repairs & maintenance figure of $12,000 was a commercial air conditioning unit which costs $7,500 that was provided to the tenant as part of the lease. The air conditioning unit was bought on 1 January 2020. 

What are the GST implications to QUT Pty Ltd in relation to the monthly rent received from the tenant? Please provide your

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