$35)$ Crocker and Company $($CC$)$ is a C corporation. For the year, CC reported taxable income of $$563,500.$ At the end of the year, CC distributed all its after$-$tax earnings to Jimmy, the company's sole shareholder. Jimmy's marginal ordinary tax rate is $37$ percent and his marginal tax rate on dividends is $23\mathrm{.}8$ percent, including the net investment income tax. What is the overall tax rate on Crocker and Company's pretax income $($rounded to the nearest tenth$)?$

A$)18\mathrm{.}8\%$

B$)23\mathrm{.}8\%$

C$)21\%$

D$)39\mathrm{.}8\%$

E$)44\mathrm{.}8\%$

$48)$ Grand River Corporation reported pretax book income of $$600,000.$ Included in the computation were favorable temporary differences of $$150,000,$ unfavorable temporary differences of $$90,000,$ and favorable permanent differences of $$140,000.$ The corporation's current income tax expense or benefit would be:

A$)$ $$126,000$ tax benefit.

B$)$ $$132,300$ tax expense.

C$)$ $$113,400$ tax benefit.

D$)$ $$84,000$ tax expense.