(c) Select the correct word from the alternatives in bold type in the following statements: (i) New Zealand operates a global/scheduler income tax system. (ii) New Zealand has a broad based, low/high rate income tax system. (iii) Metaphorically, capital is the fruit/tree. (iv) Double taxation agreements eliminate economic/juridical double taxation. (v) Taxable income = net income less available deductions/losses. (vi) The use of money interest rate is 8.35% for taxpayer overpayments/underpayments. (vii) In a tax calculation, you should apply convertibleon-refundable credits first