(b) Keri sold an investment property located in Sydney on 15 May 2020. The property was leased for the entire time that Keri owned it. The acquisition and the sale of the property are as follows: Purchase on 10 June 2012 Purchase price: $ 550,000 Stamp duty: $ 23,800 Legal costs: $ 3,700 Property Renovation: 78,800 Fines $19,000 from the local Council for erecting an illegal swimming pool in the backyard Legal costs $78,000 to resolve disputes with neighbour regarding the driveway of the properties. Keri was awarded legal cost of $45,000 against her neighbour. Interest payments to Commonwealth Bank $248,000 Sales on 15 June 2020 for $ 1,570,000

determine the taxable income and the tax payable/refundable of the following resident taxpayers