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%.

Questions....... >>>>>>>>>>>

The future deductible amount for the machinery as at 30 June 2020 is:

		$100,000
		$400,000
		$500,000
		$450,000