The following information relates to Gary Limited for the year ended 30 June 20X2. 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 (accounting) 8 000 Income tax rate 30% On the basis of this information the current tax liability is