Lucy is the Director of Clothes r Us Pty Ltd (CRU), a private company which is an importer and wholesale supplier of childrens clothes to independent retailers in the Sydney region. Lucy owns most of the shares in CRU. On 1 May 2018, CRU purchased a new car costing $70,000 (GST inclusive). The car has a fuel consumption that does not exceed 7 litres per 100 kilometres. The car was garaged at Lucys house most nights as there was no covered and secure parking space at CRUs offices in the city. The particulars for the year regarding the car and for which invoices are retained, including a log book, include: Stamp duty $320 Registration & Insurance $900 Petrol and oil $1,900 Repairs & Maintenance $500 Total kilometres travelled (as per log book) 38,000 kms Business kilometres travelled 16,000 kms Lucys contribution for petrol and oil $849 Lucy uses the car to travel from home to work in the mornings, and sometimes uses the car during the day to travel to meet with wholesale customers and market the new range of clothes being imported. Otherwise, the car is usually garaged at a parking station near CRUs offices. Lucy pays the parking fee of $20 a day and is reimbursed the cost by CRU. The parking fee is ordinarily a deductible business expense. On 1 July 2018, following resolution at the companys Annual General Meeting, CRU agreed to provide Lucy with a $20,000 loan at 2% pa to help pay the school fees for her eldest daughter. The articles of association of CRU prohibit the making of loans to directors. Lucy also bought childrens clothes from CRU for her two youngest children. She paid $500 for the clothes which cost $200 to produce but are sold to wholesale customers for $900. Required: Advise about the fringe benefits tax liability for the current FBT tax year. Your answer should show relevant calculations and be clearly supported by references to relevant legislation, case law or tax rulings. In addition, explain who must pay the tax calculated. NB You are not required to include the Medicare Levy in your calculations