Marks Pty Ltd sells sports equipment through retail outlets. The Company provides the following to their employees:

The managing director, Groucho received the following

• Lexus valued at $85,000 (received on 1 April, 2023). Running costs totalled $15,000. Groucho kept a logbook for 12 weeks which showed 45% business useage.
• School Fees paid of $30,000.
• car parking space on the companies premises. The lowest commercial all day parking within 1 km of Marks Offices is at the local shopping centre and had a daily fee of $8.20 for the year ended 31 March 2024.

The Human Resources Manager Chico received the following

• Mazda CX5 -originally purchased by the company on 1 April 2018 for $42,000. Chico contributed $3,000 to running costs. No logbook was maintained.
• trip to the US for $7,500 (No GST)
• Interest free loan of $30,000

The Chief Financial Officer Harpo received the following

• Travel allowance of $6,000
• Super contribution of $20,000 made to a complying fund
• Payment of $1,120 to the CPA (professional association)

All 3 employees received $1,200 mobile phone plan. The phones are used primarily for business.

Required:

Calculate the companies FBT for the year ended 31 March 2024.