Mr Bob Jackson, earns a salary of AUS $79,000 as an employee of a MNC Company

in Brisbane, Australia. His employer deducted AUS $16,500 as PAYG Tax withheld

from the salary paid to him. He received a Franked Dividend in his bank

account of AUS $1,000 (Fully franked), he also received a AUS $2,000 which unfranked

and a 50% franked dividend amounting to AUS $700. There were no deductions

allowed to Mr Bob. Compute Tax Payable after adjusting any credits, if any.

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