2. Fang has rented out two properties in Richmond. In 2021-22, he received a rent of $44,000 from the residential property and $88,000 from the commercial property. In the same period, Fang hired Mitch (who is GSTregistered) to do repair works at both peripeties ($2,200) and install air conditioners ($4,400) in them. Required: Advise Fang of his GST consequences. Show calculations for any taxable supplies and input tax credits by Fang. Support your answer with relevant legislation. (Note: where relevant, the amounts are GST-inclusive) (4 marks)