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 120,000 Accounts receivable 50,000 Allowance for doubtful debts (8,000) Machinery 250,000 Accumulated depreciation (25,000) Goodwill 10,000 Liabilities Accounts payable 30,000 Provision for long-service leave 9,000 Entertainment Payable 500 Additional information: The following balances existed at 1 July 2019: Deferred tax asset $8,000 and Deferred tax liability $5,000. There have been