Monique has shares in an Australian mining company, JKL Ltd. She has received a final dividend statement for the year. Monique needs you to explain some things about the statement to her. The details are as follows: Dividend Number of Fully franked Unfranked Gross Description per share ($) shares dividend dividend payment Final 24 cents 750 $108.00 $72.00 $180.00 (1) Explain the meaning of 'franked dividends' and 'unfranked dividends'. (2) Suppose Monique earns a salary of $80,000, has no other income apart from the shares and does not have allowable deductions and private health insurance. The company tax rate is 30% and the Medicare levy is 1.5%. Calculate her net tax payable. Monique has shares in an Australian mining company, JKL Ltd. She has received a final dividend statement for the year. Monique needs you to explain some things about the statement to her. The details are as follows: Dividend Number of Fully franked Unfranked Gross Description per share ($) shares dividend dividend payment Final 24 cents 750 $108.00 $72.00 $180.00 (1) Explain the meaning of 'franked dividends' and 'unfranked dividends'. (2) Suppose Monique earns a salary of $80,000, has no other income apart from the shares and does not have allowable deductions and private health insurance. The company tax rate is 30% and the Medicare levy is 1.5%. Calculate her net tax payable