Lenox enjoys the following emoluments from his employment: Basic salary amounting to ksh 1,600,000 pa. A soft loan amounting to ksh 450,000. The employer only charges a 2% interest. The prevailing market rate of interest is currently 13%. Gifts amounting to ksh 32,500 for the year. The employer pays his pension amounting to ksh 18,000 pm into a pension scheme. He also pays a similar amount into the scheme. School fees for his children paid by the employer amounting ksh 300,000 pa. The employer writes this off in the income statement every year. End of the year bonus amounting to ksh 60,000 The employer pays his life insurance premium amounting to ksh 88,000 pa. Lenox pays an interest on his house mortgage amounting to ksh 380,000 every year. He lives in the house he constructed using this loan. Required: Calculate the total taxable incom