c) Baron Ltd is a manufacturing company located at Techiman. The following information is extracted from the books of the company for the 202I year of Assessment. i. The company made a total loss of GHS 200,000 during the year under review. ii. After a tax audit carried out by officials of the Ghana Revenue Authority, it was detected that the accountant committed a casting error which resulted in the overstatement of the total expenses. Total expenses should have been GHe580,000 instead of the GHc680,000 stated. iii. Salaries and Wages include a monthly of GHc10,000 paid to the Managing Director's son who just completed his Mphil in Finance programme. Other senior members of staff with the same qualification and experience are paid monthly salaries of GHc9,000. iv. Donations is made up of the following: PUC Scholarship Fund - GHe10,000; Korle Bu Children's ward - GHe25,000; Mamprugu District Assembly - GHe25,000, Hassacres Football Club - GHe15,000 v. Only 40% of the premises is used for the business operations, the rest is for private activities of the Managing Director. vi. The accountant confessed that 40% of the hospitality expenses were used for providing lunch for the Managing Director. vii. GHe30,000 of the legal expenses was paid to a lawyer to defend the company for late payment of tax. viii. Repairs and maintenance include an amount of GHe80,000 spent on providing air conditioners for all the offices. ix. The gross profit includes an amount of GHec10,000 net dividend received x. Capital allowance granted for the year amounts to GHes0,000 xi. Half of the office expenses were spent on customer loyalty promotions; one quarter was used to purchase office stationery and the rest was spent on entertainment of private guests of the Managing Director. xii. The company has an unrelieved loss brought forward amounting to GHe 15,000 Required: Determine the net tax liability of Baron Ltd for the 2021 year of Assessment. (10 Marks)