Grand Corporation reported pretax book Income of $$648,000.$ Tax depreclation exceeded book depreclation by $$432,000.$ In addition,

the company recelved $$324,000$ of tax$-$exempt municipal bond interest. The company's prior$-$year tax return showed taxable income

of $$54,000.$ Grand's beginning book $($tax$)$ basis in its fixed assets was $$2,080,000($ $$1,864,000)$ and Its ending book $($tax$)$ basis is

$$2,580,000($$$1,948,000).$ Compute the company's current Income tax expense or benefit.

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

Answer is complete but not entirely correct.