Pickfold Ltds profit before tax for the year ended 30 June 2020 was $60,000. Included in this profit are the following items of income and expense:

Long service leave expenses	$4,000
Depreciation expense Equipment	$16,000
Advertisement expense	$16,000
Insurance expense	$4,000
Staff salaries	$40,000
Warranty expense	$6,000

At 30 June, the Pickfold Ltds draft statements of financial position Included the following items of assets and liabilities:

Equipment (cost)	80,000
Accumulated Depreciation-Equipment	16,000
Cash at bank	4,000
Accounts receivable	20,000
Inventory	20,000
Prepaid insurance	2,000
Loan payable	40,000
Accounts Payable	16,000
Provision Warranty expenses	4,000
Provision-Long service leave expenses	4,000

Additional information:

The tax rate for financial year 2020 is 30%

For tax purposes the Equipment is depreciated over four years where as depreciated over five years for accounting purposes.

Staff salaries and advertisements expenses incurred have been paid as at year end.

Warranty expenses are accrued and at year end, payments of only $2,000 had been made. Deductions are available only when the amounts are paid and not as they are accrued.

Insurance was initially prepaid to the amount of $6,000. At year end, the unused component of the prepaid insurance amounted to $2,000. Actual amount paid are allowed as a tax deduction.

Long service leave is not deductible until it is actually paid. None of the long service leave expense is actually paid.

Required: (show workings)

i) Determine taxable income for Pickfolds Ltd

ii) Calculate Deductable temporary difference or Taxable temporary difference for following accounts:

a) Equipment (net)

b) Prepaid insurance

c) Provision Warranty expenses

d) Provision-Long service leave expenses

the information is already complete. what info is not complete?