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