Exercise 12.16 The statement of financial position of Labrador Ltd at 30 June 2021 showed the following net assets: 2021 2020 Assets Cash 81,600 78,890 Inventories 161,610 165,980 Receivables 481,700 495,520 Allowance for doubtful debts (59,340) (41,330) Plant 511,600 511,600 Accumulated depreciation (267,700) (213,810) Deferred tax asset ? 43,554 Liabilities Accounts payable 302,460 268,120 Provision for long service leave 63,240 46,760 Rent received in advance 27,100 18,980 Deferred tax liability ? 32,440 Additional information (a) Accumulated depreciation of plant for tax purposes was $305,530 at 30 June 2020, and depreciation for tax purposes for the year ended 30 June 2021 amounted to $73,160 (b) The tax rate is 30%.(a) Prepare a deferred tax worksheet to calculate the end of reporting period adjustment to deferred tax asset and liability accounts as at 30 June 2021. (Do not leave any answer fields blank; enter a zero in these fields. Do not enter revenue received in advance in the deductible amount column. Do not enter revenue received in advance in the deductible amount column.) Labrador Ltd Deferred tax worksheet as at 30 June 2021 Taxable temporary Deductible temporary Carrying amount Deductible amount Tax base differences differences $ $ $ $ $ Assets Liabilities Total temporary differences