Devin, Inc., reported the following results for the current year.

Book income (before tax)	$670,000
Book depreciation in excess of tax	25,000
Non-tax-deductible accrued vacation	17,500
Meals & Entertainment (50% deductible)	20,000

Determine Devin Inc.s taxable income for the current year. Identify any temporary or permanent book-tax differences. Also, what would be the entry to record the current year current and deferred tax expense assuming a tax rate of 35%.