Cynthia, a 66-year-old South African resident, has been an employee at Bake & Shake Limited for many years. Her income and expenses for the 2023 year of assessment are as follows: Notes Rand Salary 1 ? Reward received 2 12 000 Insurance policy award 3 320 000 Local interest 4 25 200 Foreign dividends 5 28 900 Contributions to a retirement annuity fund 6 6 700 Contributions to a pension fund 7 ? Contributions to a medical scheme 8 24 000 Qualifying medical expenses 23 454 Use of a company car 9 ? Donation 10 10 000 Notes: 1. Cynthia earns a salary of R55 000 per month. 2. Cynthia received this cash reward from the South African Police in connection with information supplied by her that led to the arrest of a wanted criminal. 3. Cynthia received an award from an endowment insurance policy on her life. This award is not connected with services rendered by her. 4. Cynthia deposited cash at a South African bank. This is not from a tax-free investment. 5. Cynthia has shares in a Namibian and American company. Both companies declared and paid dividends of R19 400 and R9 500 respectively. These foreign dividends are not exempt from normal tax under section 10B(2). 6. Cynthia contributed a total of R6 700 to a retirement annuity fund. 7. Cynthia contributes 6% of her annual salary towards a pension fund. Bake & Shake Limited contributes 5% of her annual salary towards a pension fund. 3 HTAX230-1-Jan-June2023-SA1-ELK-V2-08122022 8. Cynthias membership of the medical scheme provides benefits for herself, her husband and their son, who is 10 years old. Cynthia contributed a total of R24 000 to the medical scheme. In addition to Cynthias contribution of R24 000, Bake & Shake Limited also contributed R2 000 per month to the medical scheme for the membership of Cynthia, her husband and their son. 9. Cynthia has the free use of a motor car from 1 April 2022, that cost Bake & Shake Limited R310 000 (exclusive of value-added tax at 15%). She is allowed to take the motor car home daily and has unlimited use of the motor car at weekends. The motor car is fully maintained by Bake & Shake Limited. Cynthia is not required to contribute anything towards the motor cars maintenance and running costs. Bake & Shake Limiteds records reveal the following for the motor car which Cynthia used, for the 2023 year of assessment: R Insurance and licenses 14 560 Fuel and oil 98 450 Repairs and maintenance 8 670 Other sundry expenses including parking and speeding fines 4 570 Wear and tear on the motor car 71 300 197 550 10. Cynthia has a great love for animals and donated R10 000 to Angel Animals, a section 18A qualifying Public Benefit Organisation. 4 HTAX230-1-Jan-June2023-SA1-ELK-V2-08122022 REQUIRED: 1.1) Calculate Cynthias taxable income for the 2023 year of assessment. Support your answers with references to the Income Tax Act. Show all calculations and round all answers to the nearest rand. (40 marks) 1.2) Assume that Cynthia has a taxable income of R791 197. Calculate her normal tax liability for the 2023 year of assessment. Show all calculations and round all answers to the nearest rand. (20 marks)