Henry, aged 39, is a resident Australian taxpayer and he is single. Henry does have private patient hospital health insurance. However, Henry does not have a HELP debt. Henry also has a tax offset of S8,570 (does not matter what type) for the 2020-21 income year. The following tax information is relevant to Henry in respect to the income years listed in the table:

Income Year	Assessable Income, Aside from Capital Gains	Current Year Capital Gain (*)	Current Year Capital Loss	Current Year Deductions
2017-18	$53,500	S4700	S4,300	$17,300
2018-19	560,000	$130,000	510,000	5250,000
2019-20	S80,000	525,000	$55,000	S40,000
2020-21	$190,000	S40,000	S20,000	S40,000

* None of the capital gains are discount capital gains.

Henry has no tax losses or net capital losses before the 2017-18 income year.

Henry's taxable income for the 2020-21 income year (note, the 2020-21 income year) is: o a. S110,000.

O b. $120,000.

O c. 5100,000.

O d. 5140,000.