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Question 3 Mary contrary is an Australian tax resident and a full-time employee. She provides you with the following information for the year ended 30

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Question 3 Mary contrary is an Australian tax resident and a full-time employee. She provides you with the following information for the year ended 30 June. (10 marks) Salary Superannuation contribution Made by employer Cash dividend received [fully franked] Share of trust income Loss on the sale of shares $40,000 $6,000 $3,500 $1,500 ($2,600) Expenses Donation-Royal Children's Hospital Education expenses ($150) ($2,500) *Education expenses: The taxpayer is employed as an assistant accountant and is completing a BCom degree part-time. On completing the degree it is expected the salary will rise to $47,500. The expenses are as follows

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