Question: .9 Suni is a qualified dance instructor. In 2016 she purchased a house that had a large separate room she uses as a dance studio.
.9 Suni is a qualified dance instructor. In 2016 she purchased a house that had a large separate room she uses as a dance studio. Suni gives 3 hour classes to 6 students per class- and offers 5 classes a week. She is also employed by Dance High Pty Ltd [DH] and conducts dance classes from the DH downtown studio from 7am to 3pm every Sunday. Suni provides the following information concerning her income for the year ended 30 June 2020. Gross salary from DH 20,000 Gross fees from students 30,000 Received outstanding fees from 2018/19 year 2,500
In respect of the year ended 30 June 2020, which of the following statements is MOST correct? A. Suni's assessable income is $52,500 B. Suni's assessable income is $50,000 C. Suni's assessable income is $32,500 D. Suni's assessable income is some other amount
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