Hi. I have attached two screen shots. please find the attchements.

please explain all the steps

Oranges Ltd's prot before tax for theyear ended 30 June 2023 was $1,350,000. The asses and liabilities at 30 June 2022 and 30 June 2023 were: Accounts receivable Allowance for doubtful debts Inventory Land Buildings Accumulated depreciation , buildings Equipment Accumulated depreciation - equipment Development expenditure - at cost Accumulated amortisation 7 development expenditure Deferred taxasset Goodwill (net) Accounts payable Deferred tax liability Provision for long service leave Provision for warranty claims 2023 235,000 (13,000) 250,000 100,000 000,000 (00,000) 600,000 (100,000) 320,000 (144,000) ? 170,000 2 36,000 32,000 2022 200,000 (12,000) 220,000 110,000 000,000 (70,000) 600,000 (120,000) 200,000 (30,000) 29,600 30,000 150,000 72,000 28,000 34,000 Additional information: a. The tax rate is 30%. b. A tax deduction for development costs of 125% of the amount spent during the year is available for tax purposes. The profit reflects the amount of development costs amortised in the current period. c. Revenue for the year include's Non-taxable income of $138,000. d. Expenses brought to account included: i. Depreciation - buildings $29,000 ii. Depreciation - equipment $70,000 iii. Impairment - Goodwill (non-deductible) $30,000 iv. Amortisation - development expenditure $64,000 e. Accumulated depreciation on equipment for tax purposes was $180,000 on 30 June 2022, and $285,000 on 30 June 2023. f. Bad debts of $14,000 were written off during the year, and warranty repairs to the value of $22,000 were carried out. There was no tax deduction for long service leave in the current year. g. Buildings are depreciated in the accounting records but no deduction is allowed for tax purposes. Required: 1. Prepare the current tax worksheet to calculate the current tax liability for the year ended 30 June 2023 (show all working). (15 marks) 2. Prepare the deferred tax worksheet to calculate the deferred tax asset and liability balances and adjustments for the year ended 30 June 2023. Include all accounts and net balances where appropriate. (13 marks) 3. Prepare the journal entries to recognise the current tax liability, deferred tax assets, and liabilities at 30 June 2023. (2 marks)