6 t of Mason is a professional golfer. He works full-time at an international golf as one of their resident golf professionals. At times during the year, he attends professional tournaments caddying for a few of his professional golfer colleagues. Mason regularly receives tips as a result of his efforts in tournaments. Mason has earned the following in the current income year: Salary $80,000 Tournament bonuses $8,000 Tips $12,000 Total $100,000 In addition to the above, Mason also received a sizeable bonus of $10,000 cash as a thank you for winning a tournament and some golfing equipment valued at $6,000 from one of his fans at the golf course. Required What is Mason's assessable income for the current income year? Show all workings and briefly include reasoning for inclusion of the receipts as assessable income (10 marks). Qu 1 10 Finis Time