TTON ONE 11. 112 113 114 115 Mrs. Mary Meno is a professional dentist who practices in Nairobi. She has provided you with the details her clinic for the year ended 31 December 2005: Gross Professional fees received Sh. Subscriptions to professional association and publications 1,000,000 Subscriptions to a wildlife magazine 20,000 Donations to a children's home 2,000 Debt collection expenses (dental patients) 10,000 Wages for dental assistant 6,000 Replacement of surgical instruments 120,000 Rent for the clinic premises 40,000 Electricity and water 140,000 clinic Other clinic expenses 40,000 Hire of car for use in practice 70,000 50,000 Uniforms for staff 5,000 Payment of school fees for own children 40,000 Contabution to provident fund self 60,000 Paynent of Lfe insurance premium self 20,000 Terminal benefits paid to reticed receptionist 50,000 Deprecaton on furniture - clinic 12,000 Rents receved from sub-rentals 14,000 Rent collection expenses 'sub-tenants) 2,000 Vagas pard to cleaners and watchman - chrus 50,000 Forniture bought for clinic 1 Januar 2005 64,000 Tarmacong of Drite-war persottal residence 80,000 Addition, seivant quarters T personal residence 140,000 Dividendangoms met of withholding tax 34,000 Interest income from commercial bank n 21085 24,000 Directors fees reca. ved deductions at sources SH 60000 120,000 Net Required: Calculate the taxable income O MIS Mar Meno for the rear ended 31 December 2005 (12 marks 6 marks b Tax parable by arts. Mart Neno. 2 marks C Indicate when the cax. if a.15 payable to the Income Tax department (Total: 20 marks)