9 In relation to the case of FCT v Studdert (1991) 22 ATR 762, which of the following statements is most correct? Oa. Expenses that might result in a new income earning activity will always be capital in nature and non-deductible. O b. The court held that there was not a sufficient connection to the current income earning activity as a flight engineer and disallowed the deduction under s 8-1 for the flying lessons. Oc.The flying lessons were held to be deductible because he undertook the flying lessons with his current employer. d. The court held that there was a sufficient connection to the current income earning activity as a flight engineer to allow the deduction under s 8-1 for the flying lessons. 4 QUESTION 10 Jill runs a bakery business. She has tax losses from previous years which she wishes to use against her current year income. Which of the following statements is true? a. jill can carry forward any prior year losses which are not utilised in the current year for utilisation in future income years. Ob.jill can choose how much of the loss she wants to utilise Ocjill must satisfy either the continuity of ownership or the same business test in order to utilise prior year losses. Od-jill can only carry forward the losses for a period of 5 years. QUESTION 11 Jenny has a taxable income for the current income year of $63,000. What amount of low and middle income tax offset will Julie be entitled to? Oa. $55 Ob. $1.080 Oc$2,205 O d. 5445