subject tax law

THIS QUESTION REQUIRES AN ESSAY STYLE ANSWER During the year ended 30 June 2019 XYZ Pty Limited, a resident Australian private company (non-BRE) received interest income of $26,000 and a franked dividend of $10,000 with $3,150 of attached franking credits. XYZ Pty Limited had allowable interest deductions of $6,800. Required: What will XYZ Pty Limited's net tax to pay or its refund be when its assessment issues? All calculations must be shown and relevant legislation A- B I III E c? U S x2x2 >