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Astral Co has a debit balance relating to income tax of $500 included in its trial balanceextracted on 30 June 20X4. Astral estimated that its income tax liability for the year ended30 June 20X4 was $8,000.What amounts should be included in Astral Co's financial statements for the year ended30 June 20X4?Statement of profit or loss Statement of financial positionA $8,000 $8,000B $8,500 $8,000C $7,500 $8,500D $8,000 $7,500
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