Chris is an Australian resident for the year ended 30 June 2020. During the last financial year, he has received/paid the following.

Based on the following, calculate Chriss taxable income:

gross wage $41,000, PAYG withheld $10,000

cash dividends of $2,000, with franking credits of $860 attached

union fees paid while working $750

meal paid for overtime only $250

Select one:

$52,860

$43,110

$52,250

$42,250