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Anne wrote a Novel. She receives a payment of 5% of the $100 retail price for every book sold. This financial year she has sold
Anne wrote a Novel. She receives a payment of 5% of the $100 retail price for every book sold. This financial year she has sold 1,000 textbooks. What amount should Anne include in her assessable income for the year? a) $5,000 b) $10,000 c) $Nil d) $5
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