Jane wrote a book for which she received Royalty income in 2016. The following breakdown is as

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Jane wrote a book for which she received Royalty income in 2016. The following breakdown is as follows:

Royalty Income - S$52,520

Related Expenses Incurred - NIL

Printing and Stationary - S$15,500 Advertisement and Publicity - S$8,600

Legal Fees - S$2,480

Compute Jane's tax liabilities for the Royalty income.

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Financial Reporting and Analysis

ISBN: 978-0078025679

6th edition

Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon

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Posted Date: Feb 01, 2024 04:04 AM

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Jane wrote a book for which she received Royalty income in 2016. The following breakdown is as

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Financial Reporting and Analysis

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