On 30 June 2021 Peter Ltd had the following balances: current tax liability of $13,000; deferred tax asset $19,000 (2020: $11,000); deferred tax liability $10,000 (2020: $8,000); and, profit and loss summary $32,000.

Assuming there are no other changes to the deferred tax accounts throughout the year, and the income tax rate is 30%, the total income tax expense that Peter Ltd will report in the Profit or Loss and Other Comprehensive Income Statement for 30 June 2021 is:

Select one:

a.

$9,600

b.

$7,000

c.

$19,000

d.

$13,000