Grand Corporation reported pretax book income of $$639,000.$ Tax depreciation exceeded book depreciation by $$426,000.$ In addition,

the company received $$319,500$ of tax$-$exempt municipal bond interest. The company's prior$-$year tax return showed taxable income of

$$53,250.$ Grand's beginning book $($tax$)$ basis in its fixed assets was $$2,065,000$$$1,852,000)$ and its ending book $($tax$)$ basis is

$$2,565,000($ $$1,939,000).$ Compute the company's current income tax expense or benefit.

Note: Leave no answer blank. Enter N$/$A or zero.