Structured Pty. Ltd., a small business entity, has prepared the following income statement for 2017/18: Income $ Unfranked Dividends 40,000 Fully Franked Dividends (Related Franking Credit Of $42,000) 98,000 Partly Franked Dividends (Related Franking Credit $8,500) 38,000 Income Distributed from Partnership. (Includes Franking Credits Of $4,800) 46,000 Income Distributed from Umbrella Trust (Includes Franking Credits Of $2,800) 19,000 241,000 Expenses Deductible Expenditure 18,000 Net Profit 223,000 Prepare statement reconciling net profit with taxable income and calculate the tax payable (refundable) for the 2017/18 tax year..