USE THE FOLLOWING INFORMATION TO ANSWER QUESTIONS 3 AND 4 Rueben Nyamayi is 54 years old. He is married and has one 17-year-old child. He had the following income and expenses for the current year of assessment: Income Salary R150 000 Bonus received (non-pensionable) R13 000 Dividends: From a South African company R2 800 Taxable foreign dividend R26 200 Interest received: South African savings account R23 400 Foreign bank account R5 290 Rental income from a source within South Africa R26 000 2 Expenses Medical expenses Rueben belongs to a medical aid scheme. His wife and daughter are listed as dependents. His employer contributes R800 per month to the medical aid scheme in respect of his membership, and Rueben contributes R850 per month. Rueben incurred further qualifying medical expenses of R25 500 during the year of assessment. These expenses were not covered by his medical aid. Pension fund contribution for the year current 8% of salary Retirement annuity fund contributions on monthly basis current R350 Rueben pays 100% of his contributions to all retirement funds. He made the following donations during the year: Donation to Natal University R500 Donation to AIDS crisis centre (public benefit organisation) R7 500 Local Boy Scout Troop (not a public benefit organisation) R1 500 During the year of assessment, Rueben was obliged to spend four days away from his usual place of residence in the Republic for business purposes. He received an allowance of R2 500 from his employer. He is able to prove that he incurred expenses of R900 on meals and incidental expenditure. In addition to the above amounts, Rueben realised a capital gain of R80 000 and capital loss of R10 000 during the current year of assessment. Prepaid taxes An amount of R10 400 was deducted by his employer from his monthly salary for employees tax. Rueben is a registered provisional taxpayer and he paid provisional tax of R4 000 during the current year of assessment. Question 3 (17 Marks) Calculate Rueben Nyamayi's taxable income before retirement and donation deductions for the 2019 Year of assesment.