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A Limited acquired an asset 'goodwill' for $ 4 0 0 0 0 . At balance date the goodwill had a carrying value of $

A Limited acquired an asset 'goodwill' for $

40000 .

At balance date the goodwill had a carrying value of $

80000 .

The tax base of this asset is zero. If the tax rate is

30 %,

what is the amount of the deferred tax item at balance date?

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