Anthony Ltd began businesson January 1,2022, At December 31,2022 , it hada $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, ard equlpment is being depreciated on astraight-line basis over six years for financial reportinig purposes, and is a Class 8.20% asset for tacpurposes, Anthony sincome before income tax for 2023 was $60,000. Anthory follows ifRS The followingiterns caused the only differences between accounting income before inceme tax and taxable income in 2023. 1. In 2023, the company paid $56,250 for rent; of this amount; $18,750 was expensed in 2023 . The other $37.500 will be tapensed equally over the 2024 and 2025 . accounting periods. The full 556,250 was deducted for taxpurposes in 2023 , 2. Anthony pays $9,000 ayear for a memberthip in a locar golf club for the company's president. 3. Anthony nowotfers a cne year watranty on all its merchandise sold, Wartanty expenses for 2023 were $9,000. Cssh payments in 2023 for warranty repairs were $4,500. 4. Meals and entertainment expenses (only 500 of which are ever taxdeductible) were $12,000 for 2023 . 5. The maximumallowble CCA was taken in 2023 . There were no asset disposals for 2023. Assume the ppE is considered "eligible equipenent" for purposes of the Accelerated invertment incentive (under the AIf, instead of using the half -year rulec companies are allowed a first-year deduction using 15 times the stand ard CCA rate? Income taxrates havenotctarged ince the company began operationi. Calculate the balance in the Deferred Tax Asset or Deferred Tax Liability account at December 31, 2023. Balance in deferred tax account $ Calculate income tax payable for 2023. Income tax payable List of Accounts Prepare the journal entries to record income taves for 2023 . Aist all debit entries before credit entries. Credit account tities are outomatically indented when the amount is entered. Do not indent manualiy if no entry is required, select "No Entry" for the occount tities and enter Ofor the amounts) Prepare the income tax expense section of the income statement for 2023 , beginning with the line "Income before income tax:" Indicate how deferred taxes should be presented on the December 31, 2023 SFP