Harrison Corporation reported pretax book income of $707,500. Tax depreciation exceeded book depreciation by $565,000. In addition, the company received $272,000 of tax-exempt municipal bond interest. The company's prior-year tax return showed taxable income of $62,000. Assuming a tax rate of 21 percent, compute the company's deferred income tax expense or benefit. Answer is complete but not entirely correct. Deferred income tax expense $ 105,630 X