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Doug, a resident, receives a $10,000 franked dividend with franking credits of $4,285 attached. He has also earned bank interest of $7,000 and has allowable

Doug, a resident, receives a $10,000 franked dividend with franking credits of $4,285 attached. He has also earned bank interest of $7,000 and has allowable deductions of $1,500 for the year of income. Required: Calculate Dougs Net Tax Payable/Refundable that would be assessed in relation to the year ended 30

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