3 Application & Analysis Exercise: 12.17. (Loftus et al, 2020, Chapter 12). The profit before tax, as reported in the statement of profit or loss and other comprehensive income of Miami Ltd for the year ended 30 June 2024, amounted to $60 000, including the following revenue and expense items: Rent revenue Bad debts expense Depreciation expense-plant Annual leave expense Long service leave expense Entertainment costs (non-deductible) Depreciation expense-buildings (non-deductible) $3000 6000 5000 3.000 1 500 1800 800 An extract of the statement of financial position of the company at 30 June 2024 showed the following assets and liabilities. Assets Accounts receivable. Allowance for doubtful debts Office supplies Plant Accumulated depreciation-plant 2023 2024 48000 50000 (4000) (5500) 2200 2500 50000 50000 (21000) 26000) Buildings 30000 30000 Accumulated depreciation buildings (14000) (14800) Liabilities Provision for long service leave 4500 6000 Provision for annual leave 3000 4000 Rent received in advance 2000 2500 Additional information . Depreciation on plant for tax purposes for the year ended 30 June 20241 amounted to $7500. Depreciation on buildings is not allowed to be claimed as a deduction for tax purposes. . The tax rate is 30%. Required: Prepare a current tax worksheet and the journal entry to recognise the company's current tax liability as at 30 June 2024