Grand River Corporation reported pretax book income of $500,000. Included in the computation were favorable temporary differences of $100,000, unfavorable temporary differences of $10,000, and favorable permanent differences of $80,000. The corporation's current income tax expense or benefit would be: Corporations tax rate is 21%

Question 3 options: A) $86,100 tax benefit.

B) $88,200 tax expense.

C) $105,000 tax benefit.

D) $69,300 tax expense.