Grand Corporation reported pretax book income of $621,000. Tax depreciation exceeded book depreciation by $414,000. In additio the company received $310,500 of tax-exempt municipal bond interest. The company's prior-year tax return showed taxable income $51,750. Grand's beginning book (tax) basis in its fixed assets was $2,035,000($1,828,000 ) and its ending book (tax) basis is $2,535,000($1,921,000). Compute the company's current income tax expense or benefit. Note: Leave no answer blank. Enter N/A or zero