The following are extracts from the draft financial accounts of Deepwater Bhd for the year ended 31 December 2021 . An extract of the financial bosition of Deebwater Bhd at 31 December 2021 is as folllows: Additional information: i) Bad debts of RM20,000 were written off during the year. The company's buildings do not qualify for capital allowance. iii) Entertainment expenses are not allowable as a tax deduction. iv) The company's corporate tax rate is 24%. v) Deepwater Bhd accounts for deferred tax using the full provision (Liability method). Required: a) Calculate the income tax liability for Deepwater Bhd as at 31 December 2021 and prepare the journal entry to record the income tax payable. (12 marks) b) Prepare the deferred tax worksheet at 31 December 2021 to determine deferred tax entries for the year. (15 marks) c) Record the journal entry for Deferred Tax Asset and Deferred Tax Liability for the current financial year. (3 marks) The following are extracts from the draft financial accounts of Deepwater Bhd for the year ended 31 December 2021 . An extract of the financial bosition of Deebwater Bhd at 31 December 2021 is as folllows: Additional information: i) Bad debts of RM20,000 were written off during the year. The company's buildings do not qualify for capital allowance. iii) Entertainment expenses are not allowable as a tax deduction. iv) The company's corporate tax rate is 24%. v) Deepwater Bhd accounts for deferred tax using the full provision (Liability method). Required: a) Calculate the income tax liability for Deepwater Bhd as at 31 December 2021 and prepare the journal entry to record the income tax payable. (12 marks) b) Prepare the deferred tax worksheet at 31 December 2021 to determine deferred tax entries for the year. (15 marks) c) Record the journal entry for Deferred Tax Asset and Deferred Tax Liability for the current financial year