TASK 3 The Smith Discretionary Trust has a property investment portfolio. During the 2023 income year the Trustee recorded a net trust income of $125,415. All of the income is derived from Australian property investments. The trustee resolved to distribute the net income of the trust as follows: Tony (aged 28) $40,000 Jill (Tony's sister aged 17) $415 Sara (Tony's sister aged 15, working full time at Office Works since $20,000 January 2023) ABC Pty Ltd (Australian resident company - 100% owned by Tony) $30,000 The United Basketball Club (non-profit, tax exempt community $5,000 organisation) Jordan (aged 29) - Tony's brother who is a bankrupt $30,000 REQUIRED: Using the template provided 1. Complete a Distribution schedule 2. Calculate the tax payable by the trustee Show tax calculations for each assessment that the Trustee may be liable