Please show all working and use the following table for Q2.

The following information was extracted from the records of Terra Ltd for the year ended 30 June 2024 TERRA LTD as at 30 June 2024 Accounts receivable Allowance for doubtful debts Motor vehicles Accumulated depreciation - motor vehicles Prepaid insurance Rent receivable Bad debts expense Interest payable Rent revenue Insurance Expense Deferred tax asset Deferred tax liability 70,000 (15,000) 280,000 (56,000) 34,000 2,200 22,000 5,000 7,800 18,000 2,100 10,800 10 years 15 years Additional information Estimated useful-life for tax purposes Estimated useful life for accounting Rent received 5,000 Opening balance for prepaid insurance 29,500 Opening balance for the allowance for doubtful debts 7,000 Interest expenses Tax rate 30% Profit before tax 245,300 5,000 Required a. Prepare the current tax worksheet and related journal entries. b. Prepare the deferred tax worksheet and related journal entries. Tax base Difference DTA DTL Carrying amount Assets Liability DTA DTL Opening balance movements Adjustment