The Adams Family Trust is a discretionary family trust with 2 adult beneficiaries, Fiona, and Steve. During the year ended 30 June 2024 the activities of the trust gave rise to the following:(1) Loss from rental property($16,000)(2) Interest income from Term Deposits$4,000(3) Cash received from fully franked dividends$24,000(Franking credit $11,000)(4) Capital gain on the sale of shares in ANZ Ltd $30,000(Held for 5 years)The trustees of the trust resolved to distribute 50% of the net trust income to FionaFiona also has the following income: Salary of $40,000 from which tax instalments of $6,800 has been deducted under PAYGW Her work-related expenses were $4,662. She does not have private health cover.Required:Calculate the net income of the trust and then the taxable income and tax payable or refundable for Fiona for the vear ended 30 June 2024