Gross interest of $$600$ with $$198$ RWT deducted;

Gross dividend of $$1,500$ with $$450$ imputation credits attached;

Travel fare receipts of $$38,500$;

Travel expenditure of $$6,800$; and

Provisional tax of $$9,500$ was paid by Waikato Tours Ltd during this tax year.

Calculate the income tax liability for Waikato Tours Ltd using the structure and headings of sub$-$pt BC$,$ as set out in Table $13\mathrm{.}23($Income Tax Liability Calculation with Provisional and Residual Income Tax$).$ Include a column for the authority for the position in the tax equation format that each heading has and the Part or section of the ITA $2007$ which defines and describes the item you are entering.