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The following data applies to the two unrelated companies Aldi Ltd and Wooli Ltd:+ Aldi Ltd- Wooli Ltd Profit before tax for the year

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The following data applies to the two unrelated companies Aldi Ltd and Wooli Ltd:+ Aldi Ltd- Wooli Ltd " Profit before tax for the year to 30 June 2020( $1,300,000- $136,000- Taxable income for the year to 30 June 2020~ 340,000- 150,000- Deferred tax liability 1 July 2019( 90,000 Deferred tax asset 1 July 2019- 15,000 Taxable temporary differences at 30 June 2020~ ~ 960,000- 306,000- Deductible temporary differences at 30 June 70,000- 2020- All taxable and deductible temporary differences relate to the profit or loss. Assume a corporate tax rate of 30%.~

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