Lizo Bester Lizo is a 60 years old South African resident. Lizo was employed as the Manager at Oculus Chartered Accountants and Registered Auditors until January 2023 when he retired from his post. He elected to retire at the end of January 2023 after reaching a retirement age according to Sunlam Pension Fund. A Pension fund of Oculus Chartered Accountants and Registered Auditors. During the year, he received the following amounts: - Salary until retirement date R35 000 per month. - Pension fund lumpsum from Sunlam R750 000 - Lumpsum from Oculus Chartered Accountants R280 000 - Retirement annuity Fund lumpsum R550 000 - Interest from fixed deposit R40 000 - Local dividend from JSE listed company R15 000 Besides the above income, Lizo previously withdrew from pension fund on his previous employer a lumpsum totalling R200 000. Section 11F deduction has been correctly calculated as 56 750 for the current year. Required Marks Calculate Lizos tax payable for 2023 year of assessment. Show full workings and round off to the nearest Rand. Support your answer with legislation where applicable. 10