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Question 18 1 pts . The following information relates to Vic Ltd for the year ended 30 June 2020. Accounting profit before income tax: $140,000

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Question 18 1 pts . The following information relates to Vic Ltd for the year ended 30 June 2020. Accounting profit before income tax: $140,000 Entertainment expenses (non-deductible): $15,000 Depreciation expense of plant (accounting:) $40,000 Depreciation expense of plant (tax): $46,000 Rent revenue $19.000 Rent received $17.000 Government grant received (exempt income) $23,000 Income tax rate 30% . . On the basis of the above information, the current tax liability of Vic Ltd for the year ended 30 June 2020 is: $43,200 $37.200 $29,400 $38.400

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