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1 points Alex and Jim carry on a business in partnership and split any net income or losses equally. Gross income for the current income
1 points Alex and Jim carry on a business in partnership and split any net income or losses equally. Gross income for the current income year is $40.000, of which 58.000 is made on sales outside Australia (for which no expenses are incurred). Business expenses of $25,000 include a salary paid to Alex of 55.000. All expenses relate to Australian source income. What is Jim's assessable income assuming he is a non-resident? O a. 56,000 6.512,500 OC. $4,500 d. $2,000
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