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3. The company has an allowance for doubtful debts of $8000 at the end of the year. The balance of the allowance account at the beginning of the year was $5000. In the current period, $10000 was written off as being uncollectable. The gross amount of accounts receivable at the beginning and end of the year are $62000 and $60000 respectively.

4. The company has interest receivable of $10000 at the end of the year. No interest was receivable at the beginning of the year. Interest income is included in taxable profit only when received.

5. The company has revalued land at the end of the year. The land was revalued during the year from its original cost of $90000 to a fair value of $150000.

6. The company has goodwill of $200000 at the end of the year. The goodwill has a tax base of $Nil.