Question $30(5$ points$)$

Two companies A and $B$ have the same revenues and expenses and both are subject to taxes at the rate of $30\%.$ The accounting Income Statement for the two companies is as follows:

$\backslash$table$[[,$Income Statement$],[$Revenue$,$$$1,000,000],[$Less: Cost of Goods Sold,$200,000],[$Admin$.$ Expenses,$100,000],[$Depreciation$,200,000],[$Operating Profit,$500,000],[$Less: Interest Expense,$200,000],[$Taxes $(30\%),90,000],[$Net Income,$$210,000]]$

However, assets in the two companies are subject to different Capital Cost Allowance rates amounting to $$250,000$ for A and $350,000$ for $B.$ What are the taxes paid by each of these two companies in this fiscal year and what financial statement entry must be made for the difference between taxes incurred and taxes paid.?