A resident company has the following shareholders: No. of Shares Non-resident company 10,000 PNG public hospital 30,000 PNG non-resident individual 15,000 Approved PNG superannuation fund 50,000 50.000 PNG resident company 155,000 Total shares The company declares and pays a gross dividend of K155,000. Ignore any implications of double tax agreements. What is the Dividend Withholding Tax on the dividend?