The following information relates to a company for the year ended 30 June 2020.

Accounting profit before income tax (after all expenses have been included)	$300,000
Fines and penalties	20,000
Depreciation of plant (accounting)	40,000
Depreciation of plant (tax)	100,000
Long-service leave expense	8,000
Entertainment Expenses	10,000
Income tax rate	30%

On the basis of the above information (assuming the long-service leave has not been paid), the current tax liability is:

		$83,400
		$119,400
		$77,400
		$71,400