Calculation of deferred tax The following information was extracted from the records of Sol Ltd for the year ended 30 June 2024. SOL LTD Statement of financial position (extract) as at 30 June 2024 Assets Accounts receivable $ 50 000 Allowance for doubtful debts (4 000) $ 46 000 Motor vehicles 200 000 Accumulated depreciation-motor vehicles (50 000) 150 000 Liabilities Interest payable Additional information The accumulated tax depreciation for motor vehicles at 30 June 2024 was $100 000. The tax rate is 30%. 2 000 Required Prepare a deferred tax worksheet to identify the temporary differences arising in respect of the assets and liabilities in the statement of financial position, and to calculate the balance of the deferred tax liability and deferred tax asset accounts at 30 June 2024. Assume the opening balances of the deferred tax accounts were $0. Future Carrying Amount Taxable Future Taxable Deductible Temporary Deductible Tax Base Temporary Differences Amount Amount Differences $ $ $ Assets Accounts receivable Motor vehicles Liabilities Interest payable TTD Excluded TD Net TD DTL DTA Beginning balances Movement during year Adjustment