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1 Book Print rences Problem 17-41 (LO 17-2) (Algo) Bautista Corporation reported pretax book income of $1,290,000. Included in the computation were favorable temporary
1 Book Print rences Problem 17-41 (LO 17-2) (Algo) Bautista Corporation reported pretax book income of $1,290,000. Included in the computation were favorable temporary differences of $270,000. unfavorable temporary differences of $145,750, and favorable permanent differences of $112.000. Compute the company's current income tax expense or benefit. Note: Round your final answer to nearest whole dollar amount. Amounts to be deducted should be indicated by a minus sign. Pretax book income Favorable temporary differences Unfavorable temporary differences Favorable permanent differences Taxable income Current income tax expense Current income tax benefit
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