Question 34 CM Ltd has an accounting profit before tax of $240 000. Expense items in accounting profit that differ from deductions in taxable profit are shown below. The tax rate is 30%. Entertainment costs (non- $10 000 deductible) Depreciation of equipment 40 000 (accounts) Depreciation of equipment 30 000 (tax) Warranty expense 9 000 Warranty paid 0 What adjustments are made to CM Ltd's accounting profit to determine its taxable profit (taxable income) for the period?