23. Derek Goldfinger, a resident taxpayer of Australia, commences business operations on 1 July Year 1 and the table of his operations is as follows:

: Yr 1 $ Yr 2$ Yr 3 $ PY $ CY $

Exempt pension 2500 2500 2500 2500 500

Net Income/Loss loss loss profit profit profit

from Business 8000 1000 1200 1000 2200

Gifts to charities listed in Division 30300 350 400 400 420

Prepare a statement setting out Goldfingers taxable income for the years shown.