For the year ended December $31,2023,$ Oriole Ltd$.$ reported income before income taxes of $$180,600.$ Prior to $2023$ taxable income and accounting income was the same each year. In $2023,$ Oriole Ltd$.$ paid $$131,400$ for advertising; of this amount, $$43,800$ was expensed in $2023.$ The remaining $$87,600$ was treated as a prepaid expense for accounting purposes and would be expensed equally over the $2024-2025$ period. The full $$131,400$ was deductible for tax purposes in $2023.$ The company paid $$28,500$ in $2023$ for membership in a local golf club $($which was not deductible for tax purposes$).$ In $2023$ Oriole Ltd$.$ began offering a $1-$year warranty on all merchandise sold. Warranty expenses for $2023$ were $$25,500,$ of which $$20,800$ was actual repairs for $2023$ and the remaining $$4,700$ was estimated repairs to be completed in $2024.$ Meal and entertainment expenses totalled $$37,800$ in $2023,$ only half of which were deductible for income tax purposes. Depreciation expense for $2023$ was $$101,500.$ Capital Cost Allowance $($CCA$)$ claimed for the year was $$129,500.$ Depreciation and CCA relate to an asset that was purchased on January $1,2023$ for $$507,500.$ Oriole was subject to a $25\%$ income tax rate for $2023.$ Oriole follows IFRS. For the year ended December $31,2023,$ Oriole Ltd$.$ reported income before income taxes of $\backslash$$$180,600.$ Prior to $2023$ taxable income and accounting income was the same each year.

In $2023,$ Oriole Ltd$.$ paid $\backslash$$$131,400$ for advertising; of this amount, $\backslash$$$43,800$ was expensed in $2023.$ The remaining $\backslash$$$87,600$ was treated as a prepaid expense for accounting purposes and would be expensed equally over the $2024-2025$ period. The full $\backslash (\backslash$$ $131,400\backslash )$ was deductible for tax purposes in $2023.$

The company paid $\backslash (\backslash$$ $28,500\backslash )$ in $2023$ for membership in a local golf club $($which was not deductible for tax purposes$).$

In $2023$ Oriole Ltd$.$ began offering a $1-$year warranty on all merchandise sold. Warranty expenses for $2023$ were $\backslash (\backslash$$ $25,500\backslash ),$ of which $\backslash (\backslash$$ $20,800\backslash )$ was actual repairs for $2023$ and the remaining $\backslash (\backslash$$ $4,700\backslash )$ was estimated repairs to be completed in $2024.$

Meal and entertainment expenses totalled $\backslash (\backslash$$ $37,800\backslash )$ in $2023,$ only half of which were deductible for income tax purposes.

Depreciation expense for $2023$ was $\backslash (\backslash$$ $101,500\backslash ).$ Capital Cost Allowance $($CCA$)$ claimed for the year was $\backslash (\backslash$$ $129,500\backslash ).$ Depreciation and CCA relate to an asset that was purchased on January $1,2023$ for $\backslash$$$507,500.$

Oriole was subject to a $\backslash (25\backslash \%\backslash )$ income tax rate for $2023.$ Oriole follows IFRS.