Elizabeth is a resident for Australian taxation purposes. Her receipts (all stated in Australian dollars) for the current income tax year were:

• $40,000 from a rental property in Brisbane
• $20,000 while employed in the United Kingdom for 125 days. The United Kingdom Inland Revenue Department collected income tax from her, this equated to $6,000
• $10,000 from an unfranked dividend from an Australian incorporated mining company
• $1700 dividend from a Korean company. 15% Withholding tax of $300 had been deducted from the gross amount of the dividend (being $2000) in the Korea before paying the dividend to Elizabeth.

Elizabeth s Australian assessable income for the current income tax year would be:

	$65,700
	$72,000
	$71,700
	$70,000
	$52,000