calculation of current tax liability and adjusting journal entry

The profit before tax, as reported in the statement of profit or loss and other comprehensive income of Mackay Ltd for the year ended 30 June 2021, amounted to $60000, including the following revenue and expense items.

Rent revenue $3000

Bad debts expense 6000

Depreciation expense - plant 5000

Annual leave expense 3000

Long service leave expense 1500

Entertainment costs (non-deductible) 1800

Depreciation expense - buildings (non deductible) 800

The statement of financial position of the company at 30 June 2021 showed the following assets and liabilities.

Assets 2021 2020

Cash $ 8000 $ 8500

Inventories 17000 15500

Accounts receivable 50000 48000

Allowance for doubtful debts (5500) (4000)

Office supplies 2500 2200

Plant 50000 50000

Accumulated depreciation - plant (26000) (21000)

Buildings 30000 30000

Accumulated depreciation - buildings (14800) (14000)

Goodwill (net) 7000 7000

Deferred tax asset ? 4050

Liabilities 2021 2020

Accounts payable 29000 26000

Provision for long service leave 6000 4500

Provision for annual leave 4000 3000

Rent received in advance 2500 2000

Deferred tax liability ? 3150

Additional information

• Accumulated depreciation of plant for tax purposes was $31500 at 30 June 2020, and depreciation for tax purposes for the year ended 30 June 2021 amounted to $7500.
• The tax rate is 30%.

Required

prepare current tax worksheet and the journal entry to recognise the company current tax liability as at 30 June 2021.