Ernie Wombat is a primary producer who commenced business in 2012/13. The following data relates to Ernie’s first 6 year

[answerhappygod]

Ernie Wombat is a primary producer who
commenced business in 2012/13. The following data relates to
Ernie’s first 6 years of trading:
Year
Assessable Income
Deductions
2012/13
$ 32,000
$ 15,000
2013/14
35,000
20,000
2014/15
31,000
39,000
2015/16
42,000
21,000
2016/17
45,000
22,000
2017/18
51,000
25,000
Required:
Tip: A $0 taxable income year is counted as a year for average
income calculation purposes