The financial controller of XYZ Ltd provides the following list of assets and liabilities held by the company, which has just completed its first year of trading as at March 31, 2020: Amounts above represent balances at the start of the first year prior to any adjustments. The current income tax rate is 25%. Required: a. Calculate the temporary differences and associated deferred tax asset or liability for each of the items above. b. Assuming the company made trading profits before tax of $143 million, prepare the relevant financial statement extracts showing the impact of current and deferred taxation