Packard Corporation reported pretax book income of $501,500. Included


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Packard Corporation reported pretax book income of $501,500. Included in the computation were favorable temporary differences of $11,500, unfavorable temporary differences of $101,500, and unfavorable permanent differences of $80,750. The corporation's cu

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Packard Corporation reported pretax book income of $501,500. Included
in the computation were favorable temporary differences of $11,500, unfavorable temporary differences of $101,500, and unfavorable permanent differences of $80,750. The corporation's current income tax expense or benefit would be:

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