Kishore is an employee of ABC Ltd, a manufacturer of high-quality window and building frames. Kishore received the following remuneration package from his employer for the year ended 30 June 2023. Gross salary of $125,000 per annum. His employer has paid $27,000 to the ATO as PAYGW. Payment of his mobile telephone bill of $2,000 per annum. The telephone is used 100% for business purposes. The payment of mortgage $37,400. The provision of a laptop computer valued at $2,300. This is used 100% for business. A bonus based on performance of $26,000 this financial year. A travel allowance of $2,800 for using his own motor vehicle for work related purposes. FBT course $1,500 Superannuation contribution under SGC of $16,000 CPA membership $750 Kishore has a total of work-related deductions of $7,324 which includes his own calculation of his motor vehicle use using the cents per kilometre method of $4,256. Calculate Kishore's taxable income this financial year and explain how each item is treated for taxation purposes