On 30 June 2020, an extract of the statement of financial position prepared for internal purposes, but excluding the effect of income tax, disclosed the following:

Assets	$
Cash	80,000
Inventory	200,000
Accounts receivable	85,000
Allowance for doubtful debts	(15,000)
Machinery	500,000
Accumulated depreciation	(50,000)
Goodwill	100,000
Liabilities
Accounts payable	160,000
Long-service leave	50,000
Rent received in advance	20,000

Additional information:

1. The following balances existed at 1 July 2019:

Deferred tax asset $10,000

Deferred tax liability 12,000

There have been no recorded changes to these balances since 1 July 2019.

2. The machinery was acquired on 1 July 2019. Depreciation for accounting purposes was 10% per annum (straight-line method), while 20% per annum (straight-line method) was used for tax purposes.

3. The tax rate is 30%.

The adjustments to deferred tax asset and deferred tax liability at 30 June 2020 are:

1. deferred tax asset increase $10,000 deferred tax liability decrease $12,000

2. deferred tax asset decrease $15,500 deferred tax liability increase $3,000

3. deferred tax asset increase $15,500 deferred tax liability increase $3,000

4. deferred tax asset decrease $10,000 deferred tax liability increase $12,000