This is a question that requires an essay style answer. Randy, an Australian resident, changed his job and so he transferred to Sydney. Before moving, he sold the following assets: Item Purchase Price Sale Price Home $500,000 $600,000 Antique Clock $450 $3,450 Stamp $1000 $800 Bed and Mattress $12,000 $2,000 Rented Apartment $ 595,000 $645,000 All assets were purchased on 3 July 2021 and sold on 30 June 2022. He has been sleeping comfortably on the bed and mattress since it was purchased, but now it's time to get rid of it. Required: Explain the law applicable to each of these items that were sold Then calculate the total amount, if any, to be included in his assessable income from these CGT events? Your answer must include reference to the applicable legal principles as well as the calculations.