Please answer these two asap please

Yankers Enterprises Pty Ltd sells training course materials to organisations. The materials are imported from a United States-based course developer and on-sold for a profit. Yankers provides you with the following information for the purposes of preparing its income tax return for the CIY:

Sales $90,000

Less; Cost of goods sold

Opening stock $10,000

Plus: purchases $60,000

Less: closing stock $40,000 $30,000

Gross profit $60,000

What is Yankers Enterprises assessable income for the current income tax year?

Select one:

$90,000

$60,000

$100,000

$120,000

2.

Albert is an Australian resident for tax purposes. He currently works as a waiter in a fancy French restaurant in Sydney. His total (gross) salary for the income year ended 30 June 2020 is $80,000, from which his employer withheld Pay As You Go (PAYG) income tax withholding totalling $18,617.

Albert also received tips from customers at the restaurant totalling $5,000 for the income year ended 30 June 2020.

Finally, Albert has a term deposit which has generated interest received of $500 for the year ended 30 June 2020.

What are Pay As You Go (PAYG) income tax withholding paid by an employer?

Select one:

Tax credits

Tax liabilities

Tax deductions

None of the above