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At 30 June 2023 Maximum Ltd provided the following information from its balance sheet about its assets and liabilities Assets ($000) Computers at cost 300

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At 30 June 2023 Maximum Ltd provided the following information from its balance sheet about its assets and liabilities Assets ($000) Computers at cost 300 Accumulated depreciation (60) Accounts receivable 100 Allowance for doubtful debts (10) Liabilities Provision for warranty costs 30 Provision for employee benefits (LSL) 20 Maximum Ltd depreciates computers over five years in its accounting records but over three years for tax purposes. The straight-line method is used. No amounts were paid for long service leave or warranty claims during the year

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