Grand River Corporation reported pretax book income of $680,000. Included in the computation were favorable temporary differences of $190,000, unfavorable temporary differences of $154,000, and favorable permanent differences of $188,000. The corporation's current income tax expense or benefit would be:

Multiple Choice

• $142,800 tax benefit.

• $167,580 tax expense.

• $135,240 tax benefit.

• $95,760 tax expense.