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Please show all calculations Thank you! 23. The following table...

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Accounting

Please show all calculations
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23. The following table sets out the tax rates for Australian resident individuals for the financial year ended 30 June 2019. Taxable Income $0 - $18.200 $18,201 - $37.000 $37,001 - $87,000 $87,001 - $180,000 Over $180000 Tax on this Income NIL 19 cents for each $1 over $18,200 $3,572 plus 32.5cents on each dollar over $37.000 $20,797 plus 37 cents on each dollar over $87,000 $54,097 plus 45 cents on each dollar over S180000 Excluding dividends and share transactions, Ranjit's income for the 2018-19 financial year was $88,200. He received a fully franked dividend of 21 cents per share on his holding of 10,000 shares in National Brakes Ltd (NBL) and an unfranked dividend of 7 cents per share on his holding of 6000 shares in Rockhampton Bank Ltd. Calculate Ranjit s tax payable

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