Nathan begins tradi ng on 1 October 2015 , making up accounts to 31 December each year. His first two sets of accounts show the following adjusted trading losses:

Transcribed Image Text:

2012-13 2013-14 2014-15 2015-16 (to 30 September 2015) 25,100 25,250 26,400 13,450 Assuming that all possible early trade losses relief claims are made, calculate Nathan's net income (i.e. total income less reliefs) for years 2012-13 to 2015-16.