Wagons Limited is a manufacturer of trailers. The company sells to big retail outlets and has a factory shop on site selling directly to the public, trailers with a slight defect from manufacturing the manufacturing process. At 30 June 2021, the deferred taxation amount included in the Statement of financial position of Wagons Limited amounted to R2 800 (credit). One of the retail outlets places an order every December for trailers to be delivered by the 31st of July the next year in order to get ready for the next holiday season. The supplier paid an amount of R450 000 at 30 June 2022 (2021: R320 000). The following particulars are supplied in respect of the year ended 30 June 2022: Carrying amount of plant at 30 June 2022 Wear and tear allowed on plant Depreciation on same plant provided for in the accounts Donations not allowed for tax Profit before tax Rand 875 000 30%, 25%, 20%, 15%, 10% 5 years straight line method 1 000 697 500 Profit before tax for both years was calculated before taking into account any of the transactions noted above except donations which was processed. The plant was purchased at a cost of R1 750 000 on the 2nd January 2020 and was available for use on this day. The company depreciates plant over a useful life of 5 years on a straight-line method. The Receiver of Revenue allows a wear and tear allowance on the plant at 30%, 25%, 20%,15%, 10% The Receiver of Revenue tax deposits in the year of receipt. The taxation rate was 28% in both the 2021 and 2022 years. Prepare a current taxation computation for Wagons Limited for the year ending 30 June 2022 with comparatives. Calculate deferred taxation as at 30 June 2022 in accordance with IAS 12. Prepare the taxation expense note for Wagons Limited for the year ended 30 June 2022 and the tax rate reconciliation if required (Ignore comparatives).