The question consists of two sul questions Compute the arnount deductible for purposes of taxation and the balance income that will be considered for the purpose of Taxation. a. Miss Nancy a Secondary School teacher, who gets a salary of $20000 incurs the following expenses: (a) Professional Development Courses related to Curriculum: $150; (b) Books $50 (c) Computer and Accessories $100. (3 Marks) b. Mr. Lincoln, a self employed Accountant earns a gross income of $25000 as fees for Accounting Services. He plans to contribute $7000 towards Annuity Plans. 12 Marks)