Section B: Choose and answer any TWO (2) questions. (60 marks) Question 2 (30 marks) Samad recently graduated from college and started working in a good job. He has a little money invested in a stock that pays no dividends. He lives in an apartment, is single, and has no dependents. He has a RM22,000 student loan balance and he paid RM600 interest in 2019. He is considering going back to school part-time for some additional computer classes. He does not have a personal income tax and he contributed 2% of his RM38,750 salary to his retirement plan at work for 2019. He is just completing his tax return for 2019. Based on the information below, answer the following questions. Standard deduction for 2019: RM5,800 Itemized exemption for 2019: RM3,700 Tax brackets for 2019: Taxable income range RM0-RM8,500 Tax rate 10% RM8,501 - RM34,500 15% RM34,501 - RM83,600 25% i. Calculate Samad's gross income for 2019? [5 marks] ii. Calculate Samad's adjusted gross income for 2019? [5 marks] iii. Calculate Samad's taxable income for 2019? [5 marks] iv. Calculate Samad's total tax liability be for 2019? [5 marks] V. Elaborate further on five (5) tax strategies in tax planning? [10 marks]