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A resident of Australia for tax purposes is on the top marginal rate and has received a fully franked dividend of $7,000 during the 2020/21

A resident of Australia for tax purposes is on the top marginal rate and has received a fully franked dividend of $7,000 during the 2020/21 income year. Calculate the tax liability (disregarding any tax offsets and levies) in respect of the dividend.

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