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Which of the following amounts is most likely to be classified as ordinary income and assessed under s6-5 of the ITAA1997? An insurance payment to

Which of the following amounts is most likely to be classified as ordinary income and assessed under s6-5 of the ITAA1997?

An insurance payment to compensate a business for a fire damaged income producing building.

Interest received on a private loan made by a parent to their adult child to provide them with a deposit for their first home.

Proceeds from the sale of the goodwill of a business operated by the taxpayer for several years.

Profits from the sale of shares by a taxpayer who is a fulltime employee.

A weekly divorce settlement maintenance payment received by a taxpayer from their ex-partner.

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