Cass Corporation reported pretax book income of $$12,870,000.$ During the current year, the reserve for bad debts increased by

$$285,000.$ In addition, tax depreciation exceeded book depreciation by $$250,000.$ Cass Corporation sold a fixed asset and reported

book gain of $$102,750$ and tax gain of $$136,500.$ Finally, the company received $$343,000$ of tax$-$exempt life insurance proceeds from

the death of one of its officers. 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.

Answer is complete but not entirely correct.