Ned Markson is a resident taxpayer employed by Acme Holdings Ltd. The following transactions were all as a consequence of Neds employment:

• Net weekly wages totalled $78,000 for the year.
• Total PAYG tax withheld from Neds weekly wages from Acme and forwarded to the ATO amounted to $19,000.
• Additional wages paid to Ned as a Christmas bonus of $6,000 net (net of $4,200 PAYG tax withheld).
• Reimbursement of out-of-pocket travel costs of $1,200 that Ned incurred during his employment.
• A taxable travel allowance totalling $2,800. No PAYG was withheld from this amount.
• Acme paid health insurance premiums for Ned and his wife to the value of $2,750, as an employment fringe benefit.
• Superannuation contributed $10,000 to Acme Holdings Superannuation Fund on behalf of Ned.

Required:

For each of these transactions indicate which amounts are to be included in Neds assessable income and provide Neds total assessable income.