Big construction Ltd has been requested that you prepare the tax$-$ effect accounting information for the year ended $30$ June $2023.$ Following has been extracted from their internal reports:

$-$ Accounting profit before tax for the year.................................... $$950000$

$-$ Expenses brought to account included:

$-$ Depreciation $$ plant......................................................................... $$93000$

$-$ None$-$deductible fine........................................................................ $$1000$

$-$ Impairment loss on goodwill........................................................... $$11000$

$-$ Long service leave..............................................................................$$16000$

$-$ Accumulated depreciation on plant for tax purposes was $$130000$ on $30$ June $2022$ and $$250000$ on $30$ june $2023.$ There were no additions or disposals of plant during the year.

$-$ Bad debts of $$16000$ were written off during the year against the Allowance for doubtful debts.

$-$ On $1$ March $2023$ the company income tax rate was increased from $30\%$ to $35\%$ effective for the $2022/2023$ tax year and onwards. The deferred tax opening balances on $1$ July $2022$ were :

$-$ Deferred tax asset $($based on DTD of $$85000)..............................$$$25000$

$-$ Deferred tax liability $($based on TTD of $$65000)...........................$$$19500$

$-($DTD: deductible temporary differences; TTD; taxable temporary differences$)$

$-$ Reporting date is $30$ June.

Relevant assets and liabilities as disclosed in the balance sheet as at $30$ june $2023$ were:

Assets

Accounts receivable $.....................................................................$ $$328,000$

Less allowance for doubtful debts $[2022$ $$11000].....................\mathrm{.}15000313000$

Inventory........................................................................................... $286000$

Plant$-$ cost$........................................................................................\mathrm{.}800000$

Less: Accumulated depreciation Plant..........................................$\mathrm{.}175000625000$

Liabilities

Accounts payable.....................................................................................................$\mathrm{.}205000$

Provision for long service leave.............................. $[2022$ $$57000].....................\mathrm{.}59000$