The original question is like below:

For the year ended 30 June 2012 Miranda Ltd has the following information:

Revenues:

$830,000

Expenses (excl. Depreciation):

$522,000

The firm's only asset is a machine which cost $205,000.

The machine is depreciated over 2 years for tax purposes and 5 years for accounting purposes

Tax rate is 30%

The tax entry ay 30 June 2012 is as follows:

Dr. Income tax expenses aa

Cr. Income tax payable bb

Cr. Deferred tax liability cc

Then we will have to find the value of aa,bb and cc.

I have no idea how to get those numbers, can you please explain the work out step by step? Thank you !