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Marlin Corporation reported pretax book income of $1,017,000. During the current year, the net reserve for warranties increased by $28,400. In addition, book depreciation exceeded

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Marlin Corporation reported pretax book income of $1,017,000. During the current year, the net reserve for warranties increased by $28,400. In addition, book depreciation exceeded tax depreciation by $101,700. Finally, Marlin subtracted a dividends received deduction of $16,700 in computing its current-year taxable income. Marlin's current income tax expense or benefit would be: Multiple Choice $240,891 tax expense. $237,384 tax expense. o $213,570 tax expense. o $208,835 tax expense. o

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