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| Sylvia owns a house near the sea in Norfolk. She has a spare bedroom and during 2012/13 this was let to a chef working at a nearby restaurant for £85 per week which includes the cost of heating and electricity. Sylvia estimates that her lodger costs her an extra £50 on gas, £25 on electricity, and £50 on insurance each year. Required: What is Sylvia’s property income for 2012/13? |