Question: Please show the fully worked solution with explianation What is the total value of the franking credits available as a tax offset to a resident

Please show the fully worked solution with explianation

What is the total value of the franking credits available as a tax offset to a resident taxpayer for their 2016-2017 income year, if they receive the following dividends during the income year? Fully franked dividends from a company listed in Australia $884 Unfranked dividends from a company listed in Australia $121 55% franked dividends from a company listed in Australia $73

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