Please answer those questions ASAP please

Alex is an Australian resident for tax purposes. She currently works as a financial advisor in Melbourne. Her total (gross) salary for the income year ended 30 June 2020 is $120,000, from which her employer withheld Pay As You Go (PAYG) income tax withholding totalling $34,217.00. Alex also has a share portfolio which has generated franked dividends of $7,000 and franking credits of $3,000. Alex took out a loan to purchase the shares and she incurred interest expenses of $5,000. What is Alexs taxable income?

Select one: $122,000 $127,000 $130,000 $125,000

Alex is an Australian resident for tax purposes. She currently works as a financial advisor in Melbourne. Her total (gross) salary for the income year ended 30 June 2020 is $120,000, from which her employer withheld Pay As You Go (PAYG) income tax withholding totalling $34,217.00.

Alex also has a share portfolio which has generated franked dividends of $7,000 and franking credits of $3,000. Alex took out a loan to purchase the shares and she incurred interest expenses of $5,000.

What is Alexs assessable income?

Select one:

$125,000

$122,000

$127,000

$130,000