The table shows the income tax rates for the 2020–2021 financial year.
\begin{array}{|l|l|}
\hline
\rule{0pt}{2.5ex}\text{Taxable income} \rule[-1ex]{0pt}{0pt}& \quad \quad \quad \quad \text{Tax payable on this income} \\
\hline
\rule{0pt}{2.5ex}0 - \$18 200 \rule[-1ex]{0pt}{0pt}& \text{Nil}\\
\hline
\rule{0pt}{2.5ex}\$18\,201 - \$45\,000 \rule[-1ex]{0pt}{0pt}& \text{19 cents for each \$1 over \$18 200} \\
\hline
\rule{0pt}{2.5ex}\$45\,001-\$120\,000 \rule[-1ex]{0pt}{0pt}& \text{\$5092 plus 32.5 cents for each \$1 over \$45 000} \\
\hline
\rule{0pt}{2.5ex}\$120\,001 - \$180\,000 \rule[-1ex]{0pt}{0pt}& \text{\$29 467 plus 37 cents for each \$1 over \$120 000} \\
\hline
\rule{0pt}{2.5ex}\$180\,001 \ \text{and over} \rule[-1ex]{0pt}{0pt}& \text{\$51 667 plus 45 cents for each \$1 over \$180 000} \quad \\
\hline
\end{array}
Stephanie earns a gross annual salary of $96 000. She claims allowable tax deductions of $1250 for work-related travel and $350 for professional development. Stephanie must also pay a Medicare Levy of 2% of her taxable income.
Calculate the total tax payable by Stephanie including the Medicare Levy. (3 marks)
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