Cass Corporation reported pretax book income of $$7,970,000.$ During the current year, the reserve for bad debts increased by $$200,000.$ In addition, tax depreciation exceeded book depreciation by $$372,500.$ Cass Corporation sold a fixed asset and reported book gain of $$99,000$ and tax gain of $$147,500.$ Finally, the company received $$340,000$ 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.

$\backslash$table$[[$Pretax book income,$],[$Bad debt reserve,$],[$Depreciation$,],[$Fixed asset gain,$],[$Tax$-$exempt life insurance proceeds,$],[$Taxable income,$],[,]]$