Lee begins trading on 1 January 2020 preparing accounts to 31 December each year. His adjusted trading
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Lee begins trading on 1 January 2020 preparing accounts to 31 December each year. His adjusted trading profit for the year to 31 December 2020 (before capital allowances) is £21,000 and capital allowances of £1,200 are claimed for that year. Compute his trading income for 2019-20 and 2020-21.
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