QUESTION 4 David's average monthly taxable income is R8 978,00, which includes monthly interest earned on his investments. He does not earn any bonuses nor is he a member of a medical aid fund. TABLE 5 below shows the income tax table for the 2022/23 tax year and the tax rebates over a three-year period. TABEL 5: 2022/23-BELASTINGJAAR (1 Maart 2022-28 Februarie 2023) JAARLIKSE BELASTINGKOERSE (R) BELASBARE INKOMSTE (R) A 1-226 000 B 226 001-353 100 C 353 101-488 700 D E 488 701-641 400 641 401-817 600 817 601-1 731 600 F G 1 731 601 en meer 18% van belasbare inkomste 40 680 + 26% van belasbare inkomste bo 226 000 73 726 +31% van belasbare inkomste bo 353 101 115 762 + 36 % van belasbare inkomste bo 488 700 170 734 +39 % van belasbare inkomste bo 641 400 239 452 + 41% van belasbare inkomste bo 817 600 614 192+ 45% van belasbare inkomste bo 1 731 600 (Aangepas uit www.sars.gov.za Use TABLE 5 and the information above to answer the questions that follow. 4.1 Identify which income tax bracket will be used to calculate David's annual tax. (3) 4.2 David claims that he should NOT be paying any income tax. Verify, showing ALL calculations, whether his claim is valid. (6) [09]​