The following are two independent situations related to future taxable and deductible amounts that resulted from temporary

differences at December $31,2023.$ In both situations, the future taxable amounts relate to property, plant, and equipment

depreciation, and the future deductible amounts relate to settlements of litigation that were previously accrued in the accounts.

Sunland Corp. has developed the following schedule of future taxable and deductible amounts:

Sunland reported a net deferred tax liability of $$1,200$ at January $1,2023.$

Carla Vista Corp. has the following schedule of future taxable and deductible amounts:

Carla Vista reported a net deferred tax asset of $$1,480$ at January $1,2023.$

Both Sunland and Carla Vista have taxable income of $$7,600$ in $2023$ and expect to have taxable income in all future years. The tax

rates enacted as of the beginning of $2023$ are $25\%$ for $2023$ to $2026,$ and $30\%$ for $2027$ and subsequent years. All of the underlying

temporary differences relate to non$-$current assets and liabilities. Both Carla Vista and Sunland report under IFRS.