Question 5 Madam Eva started her career as a personal manager of Dahai Hotel Bhd on 1 April 2010. On 31 December 2022, due to some reasons (other than ill-health), her employment was terminated by the employer. She was 49 years old at the time of termination. Gratuity and compensation of RM50,000 and RM95,000 respectively were paid to her in 2022.

Other payments and benefits received by Madam Eva in 2022 were as follows:

1. Monthly salary of RM4,140 (net after 9% EPF).

2. Entertainment allowance of RM600 per month.

3. Bonus equivalent to three months salary

.4. Medical bills of RM2.500 paid by employer.

5. Cost of leave passages paid by the employer were: RM i) to London 4,000 6 ii) to Langkawi 400 iii) to Kuching 500

6. A new car (Toyota Vios) was provided by the employer. The car was purchased in 2018 at a cost of RM84,000. Madam Eva used the car until end of November 2022.

7. A fully furnished house was provided since 2010 until 30 November 2022. The monthly rental of RM1,000 (not including value of furniture RM300) was paid by the employer. From 1 December to 31 December 2022, Madam Eva stayed in a hotel where all the expenses were paid by the employer: RM i) Hotel room 6,200 ii) Food at hotel 1,500

8. Reimbursement of RM550 per month being monthly salary of a servant employed by Madam Eva until 30 November 2022.

9. A gardener was provided with a monthly salary of RM550 until 30 November 2022.

Additional information:

1. Entertainment expenses incurred on clients were RM8000.

2. On 1 May 2022, Madam Eva was offered the option to acquire 5,000 of Dahai Hotel Bhd shares at RM1.50 per share. The market price was at RM4.50 per share. Madam Eva accepted the offer of 5,000 shares on 1 September 2022 when the market price was RM5.50 per share.

Required: Determine the statutory employment income for Madam Eva for the year of assessment 2022