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What is the tax base for the items mentioned in the attachment?

ima (1).png

ima (1).png

(i) Accounts receivable with a carrying amount of $1,900, net of an allowance for doubtful
debts of $100. The accounts receivable are for the sale of inventory.
(ii) Interest receivable with a carrying amount of $4000 is taxable on a cash basis (i.e. taxable
when received).
(iii) A loan payable has a carrying amount of $2000. The repayment of the loan will have no
tax consequences.
(iv) An entity has fines payable of $4000. Fines are not deductible for tax purposes.
(v) The cost of a machine is $2,000,000. The carrying amount of the machine is $1,600,000,
after deducting accumulated depreciation of $400,000. The machine is used with other assets
to generate taxable operating income. For tax purposes, capital allowance of $600,000 has
already been deducted in the current and prior periods and the remaining tax written value of
$1,400,000 will be deductible in future periods, either as annual capital allowances or a
deduction on disposal.
a) Is there any temporary difference associated with the machine? Explain your
answer in detail.
b) How would your answer be different if the carrying amount of the machine is
$1,000,000?

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