Asempa Company bought a piece of equipment for GHS$5,000,000$ and depreciates it on a straight$-$line basis over its expected useful life of five years. For tax purposes, the equipment is granted capital allowance at the rate of $25\%$ per annum on a straight$-$line basis. The tax rate is $40\%.$ The company will recover the carrying amount of the equipment by using it to manufacture goods for resale. The average profit for each of the five years was GHS$3,000,000$ before deducting depreciation of the equipment. Calculate the deferred tax liabilities for each of the five years and show how the deferred tax will be treated in the financial statements.