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4 Complete Marked out of 1.00 Flag question Question text Bow Pty Ltd is a resident company which operates a transport business and is quite
4 Complete Marked out of 1.00 Flag question Question text Bow Pty Ltd is a resident company which operates a transport business and is quite profitable and has paid tax at the standard corporate tax rate each year that it has been in operation. Bow declared and paid a dividend of 21 cents per share on each share it had issued. The dividend statement indicated that the dividends were fully franked. John holds 10 000 shares in Bow and received the dividends from Bow on 7 January of the current income year. John also had salary and wage income of $30 000 in the current year ended 30 June. Based on this information what is John's taxable income for the current year ended 30 June? Question 4 Select one: 1. $33 000. 2. $30 900. 3. $32 100. 4. $30 000. 5. $40 000
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