4 Problem 06-43 (LO 06-2) (Algo) 1.42 points Grand Corporation reported pretax book income of $654,000. Tax depreciation exceeded book depreciation by $436,000. In addition, the company received $327,000 of tax-exempt municipal bond interest. The company's prior-year tax return showed taxable income of $54,500. Compute the company's current income tax expense or benefit. Note: Leave no answer blank. Enter N/A or zero. Current income tax Answer is complete but not entirely correct. Deferred income tax N/A expense $ 22,890