Question 4 Maxwell (from Question 3) also incurred the following expenses during the year ended 30 June 2019 in relation to the property: Repairs to the front fence damaged by his tenant Agent's Commission for collecting rent Loan Repayments ($6,250 principal and $40,250 interest) Loan application fee (paid on 1 July 2018) Stamp duty on the mortgage for the loan (paid on 1 July 2018) Stamp duty on the purchase of the property (paid on 1 July 2018) Building a garage at the side of the property on 1 January 2019 New microwave (purchased 1 July 2018 with an effective life of 5 years) Repairs on 2 July 2018 to the Stove damaged in June 2018 Thomas wants to minimise his taxable income for this year. $1,750 $3,780 $46,500 $1,200 $1,800 $33,000 $103,500 $1,650 $470 Required: Calculate Maxwell's allowable deductions for the year ended 30 June 2019.- Question 4 Maxwell (from Question 3) also incurred the following expenses during the year ended 30 June 2019 in relation to the property: Repairs to the front fence damaged by his tenant Agent's Commission for collecting rent Loan Repayments ($6,250 principal and $40,250 interest) Loan application fee (paid on 1 July 2018) Stamp duty on the mortgage for the loan (paid on 1 July 2018) Stamp duty on the purchase of the property (paid on 1 July 2018) Building a garage at the side of the property on 1 January 2019 New microwave (purchased 1 July 2018 with an effective life of 5 years) Repairs on 2 July 2018 to the Stove damaged in June 2018 Thomas wants to minimise his taxable income for this year. $1,750 $3,780 $46,500 $1,200 $1,800 $33,000 $103,500 $1,650 $470 Required: Calculate Maxwell's allowable deductions for the year ended 30 June 2019