$6000 to the trough superannuation fund, a resident complying superannuation fund $9000 to Stable Ltd, an Australian resident public company which is not a base rate entity. $3000 to Miss WC Kwan, an individual resident of Singapore, and $3000 to Mr S Smith, and individual resident of Melbourne, Australia. Advice each of the above shareholders of Peak Ltd about the correct tax treatment of the receipt of their distributions from the company for the 2018/19 tax year. Question 6: Bonus Question [5 Marks] OR 5: [10 Marks] The accounting profit and taxable income of peak Ltd, a resident Australian Company which is not a base rate entity; were both $3000,000 for the 2018/19 tax year. On 11 May 2019, the company declared a distribution of $1,200,000 from its after-tax profits. The distribution was paid to shareholders on 15 June 2019 and had a franking percentage of 100%. Distributions from Peak were received by the following shareholders (who each satisfy the 45- day holding period rule)