Calculate Total Assessable Income, Taxable Income, Tax Liability, Medicare Levy and Medicare Levy Surcharge, if applicable, for the tax payer (James) with information below:

• James is a resident single tax payer of Australia for the tax year 2019-2020
• His Taxable Salary earned is $170,000 (Including tax withheld) having no private health insurance.
• James has a student loan outstanding for his previous studies at Monash University of $57,000.
• James employer pays superannuation guarantee charge of 9.5% on top of his salary to his nominated fund.
• James earned a passive income of $15,000 from the investments in shares in the same tax year.