11:58 PM Thu 14 Jul Done unisel 2 95% FAS OGOS21 (1 of 282) Open in CollaNote SECTION A: STRUCTURED QUESTIONS (100 MARKS) ANSWER ALL QUESTIONS QUESTION 1 (20 MARKS) Jafri and Hazel are married with five children. Jafri is working in construction, while Hazel is part time tuition teacher. Hazel has discussed with Jafri that she is planning to go back to work, but the job requires her to have an MBA. Hazel has already enrolled in an MBA class which will start next month. Their first child is 25 and currently working. Their second son is furthering his degree in a university in Australia. They have adopted twins who are furthering their foundation in a local college. The last child is still in secondary school. The company that Jafri works at deducts RM500 for PCB every month. In two months time, the youngest child will undergo an operation for an serious disease and will require Jafri to purchase a wheelchair at a value of RM2,500. As part of saving for education, the couple have managed to save maintain a savings of RM4,400 for each children kept in Skim Simpanan Pendidikan Nasional and have never withdrawn the money. Annually the family would pay RM4,000 for zakat. Below are additional information for them to do their tax and the tax rate. Salary Jafri RM165,000 per annum Allowance Hazel RM1,200 per month EPF Contribution -Henry RM3,163 per month Children Life Insurance RM1,000 each child Medical Insurance RM4,100 Donation to MAKNA Hazel's MBA fees Children's textbooks Purchase laptop Daughter's operation cost School fees 1st son working (annual salary) 2nd daughter- degree in Australia 3rd and 4th sons - Foundation 5th daughters international school RM1950 RM18,960 RM1,500 RM4,700 RM29,000 RM 26,000 USD 7,640 per semester RM8,200 each RM 6,500 (3 semester in a year)