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Please help with my home work Question 2 Gorata has been employed as a manager at BHC for many years. During the year ended 30

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Please help with my home work

Question 2 Gorata has been employed as a manager at BHC for many years. During the year ended 30 June 2020, she decided to retire from her employment and concentrate on her farming business. Details of her income/(loss) from farming for the four years to 30 June 2020 was as follows; P160,000; P105,000; (P350,000); P150,000 for 2017, 2018, 2019 and 2020 respectively. Show by calculations the option of loss relief that Gorata may apply to reduce her farming chargeable income. (10 Marks)

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