On 1 January 2012,William Bay Ltd Purchased a Machine for $100

On 1 January 2012,William Bay Ltd purchased a machine for $100 000.The entity adopts a straight-line depreciation method and uses 10% and 15% as depreciation rate and tax rate respectively.The salvage value is zero and the tax rate is 30%. At 31 December 2012,which of the journal entries is correct with respect to the transaction that is in accordance with AASB 112 Income Taxes only?

A)
$$\begin{array} { | l | l | r | r | } \hline \mathrm { Dr } & \text { Income tax expense } & \$ 5000 & \\\hline \mathrm { Cr } & \text { Deferred tax liability } & & \$ 5000 \\\hline\end{array}$$
B)
$$\begin{array} { | l | l | r | r | } \hline \mathrm { Dr } & \text { Deferred tax asset } & \$ 5000 & \\\hline \mathrm { Cr } & \text { Income tax expense } & & \$ 5000 \\\hline\end{array}$$
C)
$$\begin{array} { | l | l | r | r | } \hline \mathrm { Dr } & \text { Income tax expense } & \$ 1500 & \\\hline \mathrm { Cr } & \text { Deferred tax liability } & & \$ 1500 \\\hline\end{array}$$
D)
$$\begin{array} { | l | l | r | r | } \hline \mathrm { Dr } & \text { Deferred tax asset } & \$ 1500 & \\\hline \mathrm { Cr } & \text { Income tax payable } & & \$ 1500 \\\hline\end{array}$$