Can you help me with this please

1. Explain the difference between current taxation and deferred taxation
2. From the list of liabilities below state their tax base and temporary timing difference:

(a)Current liabilities include accrued expenses with a carrying amount of $56,000. The related expense will be deducted for tax purposes on a cash basis.

(b)Current liabilities include interest revenue received in advance, with a carrying amount of $160,000. The related interest revenue was taxed on a cash basis.

(c)Current liabilities include accrued expenses with a carrying amount of $128,000. The related expense has already been deducted for tax purposes.

Current liabilities include accrued fines and penalties with a carrying amount of $12,100. Fines and penalties are not deductible for tax purposes.

(d) Explain briefly the benefits of preparing a statement of cash flows