Sheridan Corporation reports under IFRS. At December $31,2023,$ the company had a net defer red tax liability of $$406,500.$ An explanation of the items that make up this balance follows.

$\backslash$table$[[,$Temporary Differences,$\backslash$table$[[$Resulting$],[$Balances in$],[$Deferred Tax$],[$Account$]]],[1.,$Excess of accumulated tax depreciation over book depreciation,$$264,000$