The accounting profit before tax of Sahara Ltd for the year ended 30 June 2020 was $100 000. The following information is taken from the financial statements for Sahara Ltd for the year ended 30 June 2020.

The accounting prot before tax of Sahara Ltd for the year ended 30 June 2020 was $100 000. The following information is taken from the nancial statements for Sahara Ltd for the year ended 30 June 2020. Extract from the Income statement was as follows: Government grant (non-taxable) $ 35 000 Depreciation expense - plant $ 15 000 The draft statement of nancial position as at 30 June 2020 included the following assets and liabilities: 2020 ($) 2019 ($) Cash 50 000 30 000 Plant 150 000 150 000 _ Accumulated depreciation - plant _- Deferred tax asset _- Provision for long service leave Deferred tax liability _