Please Refer to IAS 12 (Income Taxes) in answering the questions

Mango Corp at the end of 2022 , its first year of operation, prepares a reconciliation between profit before tax (based on financial statements) and taxable income as follows (in USD'000): The estimated allowance for impairment of value of USD1.2 billion is expected to reduce taxable profit in 2023 by USD800 million, in 2024 by USD300 million and by USD100 million in 2025. Depreciation temporary difference will increase taxable profit by USD450 million every year. Required: 1) Calculate current tax expense and deferred tax expense for 2022 (assuming an income tax rate of 30% for all years). 2) Prepare journal entries to record current tax expense, deferred tax, and income tax payable for 2022 3) Explain how the presentation related to corporate tax is in Mango Corp's financial statements