TaP Plumbing Pty. Ltd. had $200,000 stock on hand at the beginning of the 2018/2019 financial year. It purchased $50,000 of additional trading stock during the income year. The closing stock on hand was $130,000. What are the tax implications for the 2018/2019 financial year? A. Net deduction $50,000 B. Net deduction $130,000 C. Net deduction $70,000 D. Net deduction $120,000 Taxtation law