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5 3 pts Xavier granted a 35 year lease on retaill unit on 31 August 2020, charging a premium of 65,000 and an annual rent

5 3 pts Xavier granted a 35 year lease on retaill unit on 31 August 2020, charging a premium of 65,000 and an annual rent of 15,000 payable quarterly in advance. In addition he receives trust income each year of 12,300 from an interest in possession trust set up by his grandparents. What is his total taxable income for the 2020/21 year before personal allowances? O 30,167 O 22.667 4 O 24,167 O 38,925

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