Carla Vista Industries has been making quarterly tax instalment payments at the start of each quarter in the amount of $$3,800$ per quarter throughout the year based on the previous year$$s income tax. At the end of the year, Carla Vista determined that the total current year$$s income tax obligation was $$18,600.$

Determine the account and the amount to report in the current liabilities section of Carla Vista$$s year$-$end statement of financial position assuming the above details.

enter an account title

$enter a dollar amount

Question Part Score$--/2$

Determine the account and the amount to report in the current assets section of Carla Vista$$s year$-$end statement of financial position assuming the quarterly instalment payments were $$4,850$ per quarter.

enter an account title

$enter a dollar amount