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Acme Pty Ltd has determined that its assessable income for the year is $789,000 and it has deductions of $300,000. What is Acmes tax payable

Acme Pty Ltd has determined that its assessable income for the year is $789,000 and it has deductions of $300,000. What is Acmes tax payable for the 20192020 income year? Assume that Acmes turnover is in excess of $50 million.

can you please answer this question with workings. thank you.

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