(Please provide detailed steps)

For 2017, Ahmads salary from his job as a bank officer was RM4,700 a month. He bought 5500 units of Axiata at RM3.90 in October, 2016. The share price has increased from RM3.80 to RM4.11 per unit during that year. He kept the shares throughout the year. He was given a housing benefit, a house provided by the employer with an estimated rental value of RM1,500 per month. He also enjoyed a health insurance worth RM400 per month. He bought an apartment in 2010 for RM300,000. During the year, 2017, it was unoccupied (he was still looking for renters). The market rental of the apartment was RM1200 per month. At the end of the year, the market value of the apartment has increased by RM46,000.

(a) Derive his comprehensive income as per Haig- Simon definition for 2017.

(b) Derive his taxable income under the Malaysian income tax system.

(c) Compute the total tax payable for the taxable income you derived in (b).

Resident individuals Effective from the year of assessment 2002, the income tax rates for resident individuals are as follows

Taxable Income (RM)	Rates (%)
Up to 2500	0
More than 2500 too 5000	1
More than 5000 to 20000	3
More than 20000 to 35000	7
More than 35000 to 50000	13
More than 50000 to 70000	19
More than 70000 to 100000	24
More than 100000 to 250000	27
More than 250000	28