1:In which of the following transactions will the recipient be least likely to have to include an amount as assessable income?

Select one:

a.A business taxpayer receives a new photocopier valued at $1,200 with an effective life of four years in the course of carrying on their normal business activities.

b.A total of $500 worth of non-cash business benefits received by a person carrying on a business where the benefits were derived in the normal course of business.

c.A business taxpayer receives a cash payment for services rendered.

d.A business taxpayer receives a free holiday on the Gold Coast valued at $1,500 in the course of carrying on their normal business activities.

e.A taxpayer receives a cash payment for services rendered.