The following information has been extracted from Scooby Limiteds internal financial information for the reporting period ended 30 June 2018. The information is now ready to calculate the current tax liability. The summary is as follows:

Internal statement of profit or loss for the reporting period ended 30 June 2018
Item			Note	$
Sales revenue			1	420 000
Interest revenue			2	80 000
Government grant income			3	20 000
Total revenue and other income				520 000
Expenses
Depreciation			4	10 000
Warranty			5	40 000
Fines			6	5 000
Other expenses				320 000
Total expenses				375 000
Accounting profit before income tax				145 000
Extract of internal statement of financial position at 30 June 2018
	Note	2018		2017
Assets		$		$
Cash		60 000		45 000
Interest receivable	2	45 000		0
Plant and equipment cost	4	140 000		90 000
Plant and equipment accumulated depreciation	4	(40 000)		(30 000)
		100 000		60 000
Liabilities
Trade payables		30 000		22 000
Revenue received in advance	1	15 000		8 000
Warranty provision	5	42 000		20 000

Additional information

1. The liability for Revenue received in advance relates to revenue that is assessable for tax purposes when received. Cash received in the year ended 30 June 2018 is $15 000. When the item is recognised for accounting purposes under IFRS 15 Revenue from Contracts with Customers, it is included in sales revenue.

2. Interest revenue includes $45 000 that is not assessable for tax purposes until the reporting period ending 30 June 2019.

3. A government business incentive grant totalling $20 000 was accounted for correctly as income during the year. The grant is never assessable for tax purposes.

4. The tax written-down value at 30 June 2018 is $60 000 and $30 000 at 30 June 2017. There have been no disposals of plant and equipment during the year and the tax depreciation deduction is $20 000 for the year ended 30 June 2018.

5. Warranty costs are deductible for tax purposes when paid.

6. Fines are not deductible for tax purposes.

7. The accounting treatment of accounts or transactions is assumed to be the same as the taxation treatment unless otherwise indicated.

Scooby Limiteds tax rate is 30%.

Required

Prepare the journal entry to record Scooby Limiteds current tax liability for the reporting period ended 30 June 2018.