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Stan (40) receives a lump sum of $10,000 from his superannuation fund under the severe financial hardship condition of release. His balance consists entirely of

Stan (40) receives a lump sum of $10,000 from his superannuation fund under the severe financial hardship condition of release. His balance consists entirely of taxable component (taxed element). How much tax will Stan pay on the lump sum (excluding Medicare levy)? Select one: a. $3,000 b. $0 c. $1,500 d. $2,000

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