Maxwell is the managing director of ST. He had been paid a salary of $300,00 and was provided a company car during 2021/2022 year:

- The car cost $80,000 GST exclusive and was provided to Maxwell on 1 January 2021. Maxwell garaged the car at his home each night during the 2021/22 FBT year. During the FBT year, Maxwell travelled 80,000 kilometers in the car. The odometer and logbook records showed 20,000 kilometers were for business purposes while 60,000 kilometers were for private purposes. The operating costs of the car (not including deemed depreciation and deemed interest) were $20,000 (GST inclusive). Maxwell did not make any contribution but provided all the necessary documents to his employer to calculate his FBT liability.

Advise and calculate ST's FBT liability arising from the provision of the benefit provided (car) to Maxwell for the 2021/2022 FBT year. (6 Marks)