At year end 31^st December 2022 Auto Ltd has profits before tax of $700,000 after charging the following:

$

Depreciation 50,000

Interest expense 200,000

Interest income (gross) (80,000)

Additional information:

The interest payable at 31^st December 2021 was $40,000 and at 31^st December 2022 was $50,000. Gross interest receivable at 31^st December 2022 was $20,000 and 31^st December 2021 was $30,000.

Calculate the Tax liability in Jamaica for 2014.