The below scenarios consist of two unrelated parts.

Part A

Nicolette $(28)$ is ordinarily resident in the United Kingdom.

House in Cape Town

$16-$Sep$-01$

$1-$Oct$-01$

$28-$Aug$-22$

MV

$862,400\mathrm{.}00$

$962,000\mathrm{.}00$

$10,448,200\mathrm{.}00$

Rent received

$240,000\mathrm{.}00$

Interest $($RSA investment$)$

$111,500\mathrm{.}00$

Dividends

Mzansi Flakes $-$ RSA Investment $($R$)$

$44,000\mathrm{.}00$

K Flakes $-$ USA Investment $($$$)$

$42,000\mathrm{.}00$

Exchange rate $$1=$ R$18\mathrm{.}36$

On $28$ August $22,$ Nicolette sold the house in Cape Town.

Task:

$1.$ Calculate Nicolette$$s taxable income. Where an amount has nil effects, indicate reasons. $(16$ marks$)$