[in 3D June 201 i', Kylie sold her investment apartment for Em- The apartmenthad been purchased on 1 March RUDE for ESED,[FCKl-.-'-'tt the time of acquiring the holidayr apartment Kylie inctnred iiillilin stamp duty, $4,UD[|' invaluadnn costs- On 1 July EDD? Kylie incurred costs of EIEEl'El in renovating the Litchen in the apartment. [in 1 Februaryr EDIE, Kyliespent-ii-UIIIEIU addingasecondhathrooninitheapartnient. Atsetdementsheinclnred legal erpenses of $l and real estate agent's commission of $E,[l|l|' in relation to the sale- a] n llanuaIyEEllT Kylie granted a $10,530 three month option to pmthE the property forSEIEDIFJ to a local propertydeyeioper. The option lapsed on 31 March 331?. Kylie retained the Elj- Her solicinir charged her $5lll'll legal fees to prepare the option contracL h} [In 25 May 201'? Kylie sold a stamp collection for $25,E||l|. She hadprnthased the stamp collection for HEDGE] in Eml. c] [In 15 September EDIE Kylie purchased shares in E'HP for a total price of $45,304]. She sold those shares on lull May Elli? for $55,1El- d} Kylie has a canyforward capital loss of $2,[l|l|'[|' from the sale of shares in the EDI]?- EDDH income year. She also has a cairyfomard capital loss oi Si from the sale of a coin collection om the 23102011 income year. [lining the Elhllll? income year Kylie earned Slli as a part-time school teacher but shemade aloss of $20,000 h'ornthe operation ofa g3mnasiumthatsheowns-'lhe Emasirnnhasmadeatasahleprntin everyone ofthetenyeaisKyliehas ownedthe gymnasium except the EDIE-EDI? income year. REQUIRED Calculate Kylie's taxable income for the income year ending 3|] June 231T."fou are not required to calculate the tan payable