NOral Pty Ltd is an Australian resident company, which is not a base rate entity and trading cosmetic and health products. The company has two directors John and Jane whom are Australian residents for tax purposes. NOral Pty Ltd has the following transactions in 2019-2020 financial year. - 1st July 2019: NOral Pty Ltd has a franking account opening credit balance of $14,000 - 18 July 2019: NOral Pty Ltd paid a PAYG instalment of $28,000;

- 1st August 2019: NOral Pty Ltd received a refund of income tax for the 2018/2019 tax year of $1,200

- 29 August 2019: NOral Pty Ltd paid a $28,000 cash dividend franked to 80%; - 3 September 2019: NOral Pty Ltd received a $28,000 cash dividend franked to 90%; - 10 September 2019: NOral Pty Ltd received a distribution from ABB Co (which is not a base rate entity) of $2,000 that had a franking percentage of 100% - 21 October 2019: NOral Pty Ltd - its annual tax instalment for the 2018/19 tax year of $5,000 - 15 November 2019: NOral Pty Ltd received a distribution from Ava Ltd (which is not a base rate entity) of $2,100 that had a franking percentage of 50% - 2 February 2020: NOral Pty Ltd received an income tax refund of $12,000 from the ATO; - 10 March 2020: NOral Pty Ltd paid a $14,000 cash dividend franked to 95%; - 1 May 2020: NOral Pty Ltd paid a franked distribution to its shareholders of $15,000. The distribution had a franking percentage of 100%, and - 15 June 2020: NOral Pty Ltd received a distribution of $2,200 from the CoCo Trust (which is not a base rate entity) that had a franking percentage of 80%. Prepare NOral Pty Ltds franking account for the 2019/2020 tax year based on the information provided above.