Bonita Limited was attracted to the Town of Mornington by the town's municipal industry commission. Mornington donated a plant site to Bonita, and the provincial government provided $$159,000$ toward the cost of the new manufacturing facility. The total cost of plant construction came to $$363,000,$ and it was ready for use in early October $2023.$ Bonita expects the plant to have a useful life of $15$ years before it becomes obsolete and is demolished. The company uses the straight$-$line method of depreciation for buildings and is requi red to include the plant in Class $6(10\%$ rate$)$ for tax purposes. a$)$ Prepare the entries that are required in $2023$ to record the payment to the contractor for the building and the receipt of the provincial government assistance. Assume that the company treats the assistance as a reduction of the asset's cost. Also prepare any adjusting entries that are needed at the company's year ends, December $31,2023$ and $2024.($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries. Round answers to O decimal places, e$.$g$.5,275.)$ b$)$ Prepare the entries that are required in $2023$ to record the payment to the contractor for the building and the receipt of the provincial government assistance. Assume that the company treats the government assistance as a deferred credit. Also prepare any adjusting entries that are needed at the company's year ends, December $31,2023$ and $2024.($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries. Round answers to O decimal places, e$.$g$.5,275.)$ c$)$ If Bonita reports $2024$ income of $$97,000$ before depreciation on the plant and government assistance, what income before tax will the company report assuming $($a$)$ above? Assuming $($b$)$ above? $($Round answers to O decimal places, e$.$g$.5,275.)$