Green Pace Limited is a company with a 30 June year-end. The following accounting profit and taxable income calculations are available for the year ended 30 June 2022 : Additional information: 1.) Included in other expenses is an amount of R2000 paid to SARS in respect of an income tax penalty. 2.) Other income relates to rental income received from a third party. By 30 June 2022 , the third party has already paid their July 2022 rental. Green Pace Limited accounted for the R12000 rent received in advance as part of their trade and other payables. 3.) On 30 June 2022 , the office building had a carrying amount of R350 000 . No tax allowances are given on the office building. 4.) On 30 June 2022 , the machines had a carrying amount of R255 000 and a tax base of R196 000 (tax base 30 June 2021: R260 000). 5.) You can assume that all assets' residual value, useful life, and depreciation method were reviewed on 30 June 2022, and no changes were required. 6.) You can assume that no assets were acquired or sold during the 30 June 2022 financial year. ANNEXURE I: FORMATIVE ASSESSMENT 2 7.) You can assume a corporate income tax rate of 28%. 8.) The deferred tax liability account had a balance of R11200 on 30 June 2021 . 2) Prepare the journal entry to account for the deferred tax movement in the records of Green Pace Limited for the year ended 30 June 2022. Include all items that may give rise to a temporary difference in your calculation, even if the item might be exempt