The accounting profit before tax of Gardenia Ltd was $175900. It included the following revenue and expense items:

Exercise 6.17 CURRENT AND DEFERRED TAX WITH PRIOR YEAR LOSSES The accounting proft before tax of Gardenia Ltd was $175900. It included the following revenue and expense items: Government grant (non-taxable) Interest revenue Long-service leave expense Doubtful debts expense Depreciation-plant (15% p.a., straight-line) Rent expense Entertainment expense (non-deductible 3 600 11 000 7000 4 200 33000 22 800 3 900 The draft statement of financial position as at 30 June 2013 included the following assets and liabilities: 2013 9000 83 000 (5 000) 67 100 2012 $ 7500 Cash Accounts receviable Allowance for doubtful debts Inventory 76 800 (3 200) 58 300