C Oil Limited is a an oil wholesale company that had:

sales last year of $2.5 million;

cost of goods sold of $700,000;

paid interest of $200,000;

cash operating expenses of $150,000;

Depreciation expense amounting to $150,000

a tax liability equal to 30% of the firm's taxable income.

Determine the total amount of:

i.fully franked dividends

ii.imputation credits that the company is able to declare from its past year's results.