Mark is an Australian tax resident who is employed as a sales manager. He is 42 years old and is married with two children. Mark has the following details for the year ended 30 June 2020.

Gross salary [Mark's employer withheld $72,300 PAYG withholding] $175,000

Work-related deductible expenses $416

Reportable fringe benefits $4,500 Rent received from investment property $19,500 Deductible rental property expenses $23,500

Unfranked cash dividend 1,300

HELP debt $21,250

Assessable income, taxable income and surchargeable income for Mark's wife (46 years old) for the year was $11,200. Mark's wife did not have any deductions.

Mark and his wife do not have private health insurance. Required: Calculate Mark's taxable income and his tax payable to the ATO (or refund)