Beau is an employee of Master Builders Pty Ltd (MB). In addition to his salary of S98,500 per year. Beau receives a payment of S3,840 per year (S80 per week over 48-weeks) to help cover his expenses of parking in car parks or on streets that have meter parking while Beau is working on a MB client's building site. The amount was arrived at by making an estimate of the costs associated with such parking on the assumption that Beau would have to pay all-day parking three times per week. Beau was able to keep the S80 per week even if he did not have to pay for parking. Indeed, Beau did not have to pay for parking often because he chose to park a long way away from clients' building sites (and Beau enjoyed walking) where parking was free.

From the above facts, which one of the following is most correct?

O a. Beau's assessable income is S 102,660.

O b. Beau's assessable income is 5102,340.

O c. Beau's assessable income is S3,840.

O d. Beau's assessable income is S98,500.