Peter and Jill are in a partnership as retailers of electrical goods. The partnership records, exclusive of GST, for this income year disclose: Other details: - Peter and Jill share partnership profits equally - Trading stock on hand 1 July: $10,000 - Trading stock on hand 30 June: $20,000 - Peter's personal records disclose: - Gambling winnings: $2,000 - Net salary as a part-time instructor (excluding PAYG tax instalments of $2,000 ): $5,000 - Subscription to professionaljournals: $500 - Peter is a member of a private health fund. Calculate Peter's taxable income for the income year explaining your treatment of each item in this