Question: According to the pic, answer this question plz With reference to your calculations in Question 1, explain why there is a difference between the Carrying

According to the pic, answer this question plz

With reference to your calculations in Question 1, explain why there is a difference between the Carrying Amount and the Tax Base? What effect does the TTD/DTD have on next year's income tax payable?

Equipment was purchased 4 years ago for $800,000. Depreciation is calculated 15% and 254 straight-line for accounting purposes and tax purposes respectively. Calculate the Carrying Amount Tax Base and TTD/DTD for this situation

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where did you get these figures for the total WIP for step 2

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