Exercise 12.16 The statement of financial position of Labrador Ltd at 30 June 2021 showed the following net assets: 2021 2020 88,570 Assets Cash Inventories Receivables Allowance for doubtful debts Plant Accumulated depreciation Deferred tax asset Liabilities Accounts payable Provision for long service leave Rent received in advance Deferred tax liability 82,910 183,320 454,300 (56,600) 489,300 (281,800) ? 150,250 490,510 (38,170) 489,300 (207,930) 43,109 317,110 65,360 26,270 284,870 40,880 21,540 22,577 ? Additional information (a) (b) Accumulated depreciation of plant for tax purposes was $284,340 at 30 June 2020, and depreciation for tax purposes for the year ended 30 June 2021 amounted to $75,430. The tax rate is 30%. 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.) Labrador Ltd Deferred tax worksheet as at 30 June 2021 Carrying amount Future taxable amount $ Future deductible amount Taxable temporary differences Deductible temporary differences Tax base Assets Liabilities Total temporary differences Adjustment