Subject: Taxation Law Practices

Mary received the following dividends during the 2021 income year from publicly listed entities that were taxed at 30%: 1. $20,000 which was fully franked. 2. $3,000 which was 50% franked. 3. $10,000 which was unfranked. Calculate Mary's assessable income on the assumption that the above income is her only income and she is an Australian resident