I found that an expert has answered a similar question to this. However, it might be incorrect in some parts. Can anyone please answer this question again?

To finish the course, you are required to work through this question discussing super in the context of the Tax Formula, also touching on, by way of revision of CGT, deductions studied in this course. The 'Dogman Super Fund', a complying self-managed superannuation fund comprises four members; Mr Coot Dogman aged 62 years; Mrs Shirley Dogman aged 55 years; Ms Mary Dogman aged 25 years and Mr Adam Dogman aged 22 years. The following transactions and financial information is provided below in relation to the funds operations in 2021-22. The fund i registered for GST, however the amounts below exclude GST. a. Sold shares in June 1985. Valuations under s 29590 for this item is a gain of $570,000. b. Sold shares for $40,000 which were purchased in May 2006 for $48,000 c. Sold shares for $1,830,000 which were purchased over the previous nine months for $1,650,000 d. Received fully franked dividends of $122,000 e. Received $20,000 commercial property rent ( Excluding GST) f. Non-concessional contributions to the fund were $50,000 g. Concessional contributions to the fund were $50,000 In terms of payments made by the fund during the financial year the following amounts also include GST: a. Accounting and tax return fees $18,000 b. General legal fees $2000 c. Capital Investments $24,000 d. Deductions relating to the commercial property were $4,545. e. Payment of a lump sum of $80,000 to Mr Coot Dogman when he retired in May 2015 Note: use only the discount method for any capital gains calculation to answer this question. REQUIRED: Based on the information supplied, determine the taxable income and income tax liability of the superannuation fund for the 21-22 financial year, including the impacts of any capital gains, and then following the 'Tax Formula' to work out Tax Payable. List and comment on any appropriate legislative references with your answer. Explain the rationale for, and any methods used in your answer. To finish the course, you are required to work through this question discussing super in the context of the Tax Formula, also touching on, by way of revision of CGT, deductions studied in this course. The 'Dogman Super Fund', a complying self-managed superannuation fund comprises four members; Mr Coot Dogman aged 62 years; Mrs Shirley Dogman aged 55 years; Ms Mary Dogman aged 25 years and Mr Adam Dogman aged 22 years. The following transactions and financial information is provided below in relation to the funds operations in 2021-22. The fund i registered for GST, however the amounts below exclude GST. a. Sold shares in June 1985. Valuations under s 29590 for this item is a gain of $570,000. b. Sold shares for $40,000 which were purchased in May 2006 for $48,000 c. Sold shares for $1,830,000 which were purchased over the previous nine months for $1,650,000 d. Received fully franked dividends of $122,000 e. Received $20,000 commercial property rent ( Excluding GST) f. Non-concessional contributions to the fund were $50,000 g. Concessional contributions to the fund were $50,000 In terms of payments made by the fund during the financial year the following amounts also include GST: a. Accounting and tax return fees $18,000 b. General legal fees $2000 c. Capital Investments $24,000 d. Deductions relating to the commercial property were $4,545. e. Payment of a lump sum of $80,000 to Mr Coot Dogman when he retired in May 2015 Note: use only the discount method for any capital gains calculation to answer this question. REQUIRED: Based on the information supplied, determine the taxable income and income tax liability of the superannuation fund for the 21-22 financial year, including the impacts of any capital gains, and then following the 'Tax Formula' to work out Tax Payable. List and comment on any appropriate legislative references with your answer. Explain the rationale for, and any methods used in your