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During the year ended 30 Jun 2020, Genny, a resident of Australia, receives a fully franked dividend of $13751 from XYZ Ltd. XYZ Ltd is
During the year ended 30 Jun 2020, Genny, a resident of Australia, receives a fully franked dividend of $13751 from XYZ Ltd. XYZ Ltd is a company that pays income tax at the rate of 30%. Required: Calculate the amount that must be added to her assessable income in relation to the fully franked dividend. Include both the dividend and franking credit. Enter your answer as numerals only eg 99999 Round to the nearest dollar
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