In August 2022, Laura published a book called My Mom the Spy which was based on a journal kept by her late mother during world war. In feb 2023 she was offered a contract by Disney Studios to produce a movie based on the book. The agreement stated that Laura would receive $250,000 on signing the contract and 5% of any earnings the movie made at the box office for three years after it was released. Laura signed the contract in April 2023 and received the payment of 250,000. The movie is expected to be completed in June 2024. With reference to the relevant legal authority, advise Laura how this arrangement will be treated for taxation purpose and how much will be the assessable in the year ended 30 June 2023 explain with residency cases