Tools Galore Limited (Ltd) is a company operating in the hardware industry. The following information has been presented to you: Tools Galore Ltd Extracts from Balance Sheet as at 31 December 2023 2023 2022 Property plant and equipment 320 000 355 000 Expenses prepaid (allowable deduction for 2023) 10 000 0 Income received in advance (taxable in the year of receipt) 28 000 15 000 Additional information: 1. During 2024 depreciation was R35 000 and wear and tear allowed was R25 000. 2. There was no other movement of property, plant and equipment during 2023. 3. Profit before tax is R300 000. 4. Dividend income of R5 000 was earned during 2023. 5. There are no other temporary or permanent differences other than those evident from the information provided. 6. The normal income tax rate is 30%. Required: 2.1 Calculate the current normal income tax and deferred taxation for the year ended 31 December 2023. 2.2 Disclose the Taxation note to the balance sheet as at 31 December 2023 in accordance with International Financial Reporting Standards (IFRS). answer this questions​