(1)	Andrew received a birthday card from his aunty that contained $50 cash.
(2)	Sylvester received a $2,500 lump sum from WorkCover following settlement of a workers compensation insurance claim. The $2,500 represented compensation for lost wages of $500 per week for 5 weeks
(3)	Lynda received one week s wages of $500 in lieu of notice when she was dismissed from her job.
(4)	Royalties received by an Australian resident from licensing a clever idea to a New Zealand company. New Zealand withholding tax has been paid deducted on the royalty payments made to the Australian resident at a rate of 15%.

Which of the above receipts is regarded as assessable income for Australian income tax purposes?

	Receipts numbered (1), (2) and (3) are regarded as assessable income.
	None of the above receipts are regarded as assessable income.
	Receipts numbered (2), (3) and (4) are regarded as assessable income
	All of the receipts are regarded as assessable income.
	Receipts numbered (2) and (3) only are regarded as assessable income