Chapter 18, Online question 3

Hi Mike. My workings for question 3 lead me to the same answer, $19M, but are different to yours. Here´s my calculation: Deferred tax account: CR 2,600,000 + CR 400,000. I want a CR balance of 3,000,000 on this account since the total provision of 6,750,000 needs to be offset with the deferred tax of the revaluation (3,750,000), since the revaluation deferred tax will be debited in equity as happens in all revaluations. Tax expense account: DT 19,400,000 + DT 400,000. CR 800,000.... Therefore answer is 19,000,000 is the tax expense shown on the Income Statement. My working also led me to the correct answer, but is it a valid working? I could not understand why the total provision of deferred tax of 6,750,000 was DEBITED, in your answer, since by debiting it we are transforming it into an asset, and that´s not what we want, but we want it as a liability... Isn´t that correct? Thanks for your help.