Question 26 Incorrect Mark 0 out of 1 $ 57,000 Smith Consulting Pty Ltd has prepared the following income statement for 2018/19 Income Gross Fees $ Unfranked Dividends 34,000 Fully Franked Dividend 63,000 Foreign Dividends - USA 17,000 Foreign Tax - USA 3,000 Franking Credits 27,000 201,000 Expenses Deductible expenditure NET PROFIT 31,000 170,000 What is the net tax payable by the company for the 2018/19 tax year? Select one: a. $16,750 b. $43,750 c. $46,750 d. None of the above Refer to Chapter 4 - Companies