Calculate the franking account and tax payable by Haufmann Pty Ltd. Jerry Haufmann is a director of Haufmann Pty Ltd, an Australian resident private company, with a corporate tax rate for imputation purposes for the 2021/22 income year of 25%. Frank provided you with the following information regarding the companys franking account: Date Transactions Amounts 1 July 2021 Opening balance $2,400 30 August 2021 Tax refund from 2021 company tax return $4,500 20 October 2021 PAYG instalment paid relating June quarter 2021 $1,900 11 November 2021 PAYG instalment paid relating September quarter 2021 $1,300 28 December 2021 Paid fully franked dividend $10,000 2 February 2022 Received fully franked dividend from Australian company $6,000 27 February 2022 PAYG instalment paid relating December quarter 2021 $1,300 25 May 2022 PAYG instalment paid relating March quarter 2022 $1,300 28 June 2022 Paid 60% franked dividend $10,000 Other information (1) Benchmark franking percentage for Haufmann Pty Ltd is 100% (2) Haufmann Pty Ltds final PAYG instalment for June quarter 2022 totalled $1,300 and this will be paid by 25 August 2022. (3) Haufmann Pty Ltd has a taxable income of $27,000 for 2021/22. Required 1) Prepare Haufmann Pty Ltds franking account for the 2021/22 tax year and explain/advise any consequences arising from the franking account balance at 30 June 2022. You must include relevant section numbers 2) Calculate net tax payable (refundable) for the company