Problem: Ray Santos operates a toy shop on an accrual basis for tax purposes. Ray is a resident taxpayer. During the 2022/23 tax year the following amounts were deposited into Ray's business bank account. • Receipts from customers $407,000 (including GST) • Ray also had the following account balances (inclusive of GST): Debtors as at 30 June 2022 2022$66,000 Debtors as at 30 June 2023 $99,000 Calculate Ray's assessable income for the 2022/23 tax year.