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The following information relates to Joey Limited for the year ended 30 June 2019. Accounting...

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Accounting

The following information relates to Joey Limited for the year ended 30 June 2019.

Accounting profit before income tax (after all expenses have been included) = $225,000

Entertainment expenses (not tax deductible) = $10,000

Depreciation of machinery (accounting) = $20,000

Depreciation of machinery (tax) = $50,000

Annual leave expense (not a tax deduction until the leave is paid) = $4,000

Income tax rate = 30%

On the basis of this information, the current tax liability is

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