2. For the year ended 31 March 205, Banne Ltd had an operating profit before tax of $660,000. Income tax has been estimated at $270,000. For the recent financial year, (20X4), income tax had been estimated at $228,000, but it was subsequently agreed at $243,000. A transfer to credit of the deferred taxation account of $96,000 will be made in 205. A. Calculate the tax on profits for 205 for disclosure in the account. (10 marks) B. Calculate the amount of tax payable for 205. (5 marks) C. Explain the difference between current tax and deferred tax