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plant 57.000 the accounting profit before ta of Michiesa for the year ended 20 June 2000 a $1,000 and inekuded the tobowing come and expense

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plant 57.000 the accounting profit before ta of Michiesa for the year ended 20 June 2000 a $1,000 and inekuded the tobowing come and expense tome interest me 355.000, deprecaton expense A draft statement of financial position as at 30 June 2020 revealed the following interest recevable $15.000 (30 sune 2019 510,000), plant570,000 (30 lunie 2019 570.000). For tax purposes, plant is deprecated at 20% straight-line. The company tax rate is 30% For the year ended 30 June 2020 the current tax joumal entry is Select one O DR Income tax expense current 1,200 CR Current tax liability 1.200 O. DR Income tax expense (current 1.800 CR Current tax liability 1.800 OC DR Deferred tax asset 4.000 CR income tax expense curreno 4000 Od DR Deferred tax asset 1,200 CR Income tax expense (current) 1.200

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