Sheffield Enterprises Ltd$.,$ a private company following ASPE earned accounting income before taxes of $$1,709,000$ for the year ended

December $31,2023.$

During $2023,$ Sheffield paid $$205,000$ for meals and entertainment expenses.

In $2020,$ Sheffield's tax accountant made a mistake when preparing the company's income tax return. In $2023,$ Sheffield paid $$16,000$

in penalties related to this error. These penalties were not deductible for tax purposes.

Sheffield owned a warehouse building for which it had no current use, so the company chose to use the building as a rental property.

At the beginning of $2023,$ Sheffield rented the building to SPK Inc. for two years at $$254,000$ per year. SPK paid the entire two years'

rent in advance.

Sheffield used the straight$-$line depreciation method for accounting purposes and recorded depreciation expense of $$398,000.$ For tax

purposes, Sheffield claimed the maximum capital cost allowance of $$623,000.$

Sheffield began to sell its products with a two$-$year warranty against manufacturing defects in $2023$ to match a warranty introduced

by its main competitor. In $2023,$ Sheffield accrued $$589,000$ of warranty expenses: actual expenditures for $2023$ were $$284,000$ with

the remaining $$305,000$ anticipated in $2024.$

In $2023,$ Sheffield was subject to a $35\%$ income tax rate. During the year, the federal government announced that tax rates would be

decreased to $33\%$ for all future years beginning January $1,2024.$

Calculate the amount of any permanent differences for $2023.$

Permanent differences $

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Calculate the amount of any temporary differences for $2023.$

Temporary differences $

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