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provided the following information regarding his residential property in Uptown for the year ended 31.12.2021. Receipts RM RM Rental: January March 6,000 April May -

provided the following information regarding his residential property in Uptown for the year ended 31.12.2021.

Receipts

RM

RM

Rental:

January March

6,000

April May

-

June December

14,000

Deposit (refundable)

4,000

Deposit for electricity, water and telephone

3,000

27,000

Payments

Deposit refunded to ex-tenant

2,000

Assessment

4,200

Quit rent for:

2020

390

2021

390

Interest on loan (January December)

2,844

Penalty for late payment of quit rent

78

Repairs (carried out in April):

Repainting

2,650

Renovation to kitchen

5,860

Replacement of damaged tiles

3,750

Installation of air-conditioning unit

1,400

(23,562)

Net rental

3,438

Required:

Calculate the adjusted income from rental source for YA 2021

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