The following information is available for 2020 operations for York Corporation, which follows IFRS: a) Accounting income was $180,000. b) Included in the accounting income is $10,000 non-deductible golf membership for the company's CEO. c) On January 1, 2020, York had $30,000 unearned revenue. The unearned revenue on December 31, 2020, was $55,000.York had deferred tax asset of $6,000 on January 1, 2020, all related to unearned revenue. d) The enacted tax rate is 20% for all years. Required 1) Determine the deferred tax asset/ liability to be reported on the balance sheet of December 31, 2020, indicate clearly whether it is a deferred tax asset or a deferred tax liability. 2) Determined the deferred tax to be reported on the income statement of 2020, indicate clearly whether it is an expense or a benefit. 3) Determine the taxable income and income tax payable for 2020. 4) Prepare necessary journal entries to record income taxes for both current and deferred taxes. 5) Prepare the income tax section of the income statement for 2020, starting from Income before Income Taxes