Basin Ltd's statement of profit or loss for the year ended 30 June 2021 and extracts from its statements of financial position as at 30 June 2021 and 30 June 2020 are shown below

Basin Ltd's statement of profit or loss for the year ended 30 June 2021 and extracts from its statements of financial position as at 30 June 2021 and 30 June 2020 are shown below. The statements for the current year are yet to be finalised by accounting for income tax, 991 200 Basin Ltd Statement of Profit or Loss for the year ending 30 June 2021 Income Service revenue $ 900 000 Rent revenue 50 000 Insurance claim for loss of profits 41 200 Less: Expenses Employee expenses 660 000 Insurance expense 50 000 Accounting fees 5 500 Bad and doubtful debts 19 500 Cleaning and maintenance 3 250 Depreciation of equipment 5 500 Entertainment expenses 4 000 Interest on borrowings 75 000 Legal fees 3 8001 Motor vehicle expenses 6 000 Other 3750 Restructuring costs 23 000 Profit before tax 859 300 $ 131 900 Additional information (a) The original cost of the land is $200 000 (b) The tax written down value of equipment at 30 June 2021 is $28 000 (2020: S35 000). During the 2021 year, there were no additions or disposals of equipment (c) Legal fees of $3800 are capital in nature and non-deductible for tax purposes. (d)Other creditors at 30 June 2021 include an accrual for accounting fees of $4500 for work not yet performed (2020: $Nil). For tax purposes, the accounting fees are deductible only if work has been performed (C) For tax purposes, restructuring costs are deductible only when paid. (1) Other debtors at 30 June 2021 include $41 200 relating to an insurance claim that is in- process. Insurance income is only assessable for tax purposes after the insurance proceeds have been received (g) The corporate tax rate is 30%. Required: i. Prepare the current tax worksheet for the year ending 30 June 2021 and the current tax entries for the year.