odleprod.murdoch.edu.au/mod/quiz/attempt.php?attempt=40903908/cmid-2418801&page-4 A cess, place your favorites here on the favorites bar. Looking for your favorites? Check your profiles Dashboard My units Student help ~ Question 5 Not yet A Ltd commenced business on 1 July 20X1. On 30 June 20X2, an extract of the financial statement for internal answered purposes disclosed the following information: Marked out of 0.50 Time left 1:07:08 Cash $ 40 000 Flag question Inventory 100 000 Plant 300 000 Accounts payable 80 000 Long service leave 5 000 Additional information: 1. The plant was acquired on 1 July 20X1. Depreciation for accounting purposes was 10% (straight-line method), while 15% (straight-line) was used for tax purposes. 2. The tax rate is 30%. The deferred tax asset is: Select one: O a. $1 500 O b. $4 500 O c. $5 000 10 C Partly cloudy W 7 40 144 & O 0 O