5.6 Xiao Pty Ltd, resident in Australia, bought a vacant block of land in Sydney on 1 October 1980 and then built a house on the land on 1 September 1986. On 1 September 1986 the land was valued at $90,000 and the cost of building the house was $60,000. Once the house was finished it was rented out until Xiao Pty Ltd sold the property at auction for $800,000. The auction was on 1 March 2015. Based on the information given, which statement MOST correctly states Xiao Pty Ltd's options for calculating capital gains or capital losses for the year ended 30 June 2015? A. The discount method may be used B. The indexation method may be used C. Either method may be used D. Neither method may be used Click or tap here to enter text. 5.7 Which of the following benefits provided by an employer to an employee are subject to Fringe Benefits Tax? A. contribution to complying superannuation funds. B. salary or wages C. loans D. capital receipts relating to personal injury