Ted is a builder aged 64 and is married to Debbie. He works part-time because he looks after Debbie, aged 67. Ted earned $95,000 as a salary for the year and incurred $3,000 in work related expenses. His employer deducted $30,962 in tax on his salary during the year. He also earned $2,700 in fully franked dividends and $2,000 unfranked dividends. Ted paid $3,200 for his private health insurance for the year. Debbie only earned $1,800 for the year and is not entitled to any family tax benefits. Debbie receives a disability support pension.

Required:

Calculate Teds taxable income and tax liability/refund for the year ended 30 June 2015. It is not necessary to calculate the Private Health Insurance offset.