Jack is a resident aged 17 as at 30 June 2020. He earnt the following amounts during the year:

• Wages from McDonald's of $10,000
• Savings account interest (deposit from his Grandmother) of $2,500
• Savings account interest (savings from his wages) of $150
• Distribution from a family trust of $20,000

What is Jack's excepted income?

Select one:

$22,500

$12,650

$10,000

$10,150