QUESTION TWO [35] Catering4U Limited had a profit before tax of R500 000 in 2018 and R450 000 in 2019 after taking into account dividend income of R15 000 in 2018 and R8 000 in 2019. The entity declared dividends of R5 000 in 2018 and R7 000 in 2019. There were no unutilised credits brought forward from 2017. No amount was owing to or by the SARS (South African Revenue Services) on the 1 January 2018. No payments were made to or received by SARS in either 2018 or 2019. The rate of secondary tax on net dividends declared is 12.5%. The normal tax rate is 30%. The entity recognises deferred tax assets. There are no other temporary or permanent differences in either year. There are no components of other comprehensive income. Required: 2.1. Calculate the current secondary tax and deferred tax adjustments (if any) for the 2018 and 2019 financial years. (7) 2.2. Calculate the current normal and deferred tax adjustments (if any) for the 2018 and 2019 financial years (8) 2.3. Prepare the journal entries for the tax related journals for the 2018 and 2019 financial years. (5) 2.4. Prepare the taxation expense disclosure from the notes to the financial statements for the 2019 financial year with 2018 as the comparative. (15)