Anthony Ltd$.$ began business on January $1,2022.$ At December $31,2022,$ it had a $$58,500$ balance in the Deferred Tax Liability account that pertains to property, plant, and equipment acquired on July $1,2022,$ at a cost of $$900,000.$ The property, plant, and equipment is being depreciated on a straight$-$line basis over six years for financial reporting purposes, and is a Class $8-20\%$ asset for tax purposes. Anthony's income before income tax for $2023$ was $$60,000.$ Anthony follows IFRS.

The following items caused the only differences between accounting income before income tax and taxable income in $2023.$

In $2023,$ the company paid $$56,250$ for rent; of this amount, $$18,750$ was expensed in $2023.$ The other $$37,500$ will be expensed equally over the $2024$ and $2025$ accounting periods. The full $$56,250$ was deducted for tax purposes in $2023.$

Anthony pays $$9,000$ a year for a membership in a local golf club for the company's president.

Anthony now offers a one$-$year warranty on all its merchandise sold. Warranty expenses for $2023$ were $$9,000.$ Cash payments in $2023$ for warranty repairs were $$4,500.$

Meals and entertainment expenses $($only $50\%$ of which are ever tax deductible$)$ were $$12,000$ for $2023.$

The maximum allowable CCA was taken in $2023.$ There were no asset disposals for $2023.$ Assume the PPE is considered "eligible equipment" for purposes of the Accelerated Investment Incentive $($under the All, instead of using the half$-$year rule, companies are allowed a first$-$year deduction using $1\mathrm{.}5$ times the standard CCA rate$).$

Income tax rates have not changed since the company began operations.

$($a$)$

Your answer is partially correct.

Calculate the balance in the Deferred Tax Asset or Deferred Tax Liability account at December $31,2023.$

Balance in deferred tax $$ account $