The information below relates to Entity A for the year ended $30$ June $2023.$Accounting profit before income tax$$450,000$Depreciation of plant$$20,000$Depreciation of furniture$$1,000$Entertainment expenses $($not deductible for tax$)$$$11,000$Amount expensed for long$-$service leave $($not a tax deduction until it is paid$)$ $$2,000$Entity A owns two depreciable assets, an item of plant costs $$200,000$ on which $2-$year depreciation has been charged, and some furniture purchases for $$10,000$on which $3-$year depreciation has been charged.The tax authority allows a depreciation allowance of $20\%$ straight$-$line at cost$.$ Entity A applies a straight$-$line rate of $10\%$ at a cost in its accounting records. No employee goes on long$-$service leave in the current year.Tax Rate $=20\%$REQUIRED:Measure the amounts of Taxable Profit and Current Tax Liability as at $30$ June $2023.$ANSWER:Taxable Profit: $Current Tax Liability: