Question 4 30 Marks Mr Edward Simon had the following income for the year of assessment ending 31 December 2022: Item Amount N$ Salary 84 000 Directors Fee 60 000 Interest from FNB 11 000 Interest from ABSA (SA) 23 000 Dividends 45 000 Legacy received 35 000 Gift from a friend 15 000 Profit on sale of a house 40 000 Share premium receipt 18 000 Subsidy on soil erosion 30 000 Annuity from a UK Insurance company 10 000 Lump sum from employer 50 000 Profit from business branch Kenya 22 000 Compensation for damages to office block Owned by a property investor 120 000 Sale of shares held as: Investment 80 000 Trading Stock 65 000 Bet win on results of a soccer match 7 500 Interest from Bank Windhoek 15 000 Restraint of trade payment received 25 00 Profit from Namibian Business branch 55 000 Gross income ? Calculate the gross income of Valipo Salom for the year of assessment ending at 28 February 2022. As part of your answer provide a reason for every item excluded from gross income. 30 Marks