Packard Corporation reported pretax book income of $500,400. Included in the computation were favorable temporary differences of $10,400, unfavorable temporary differences of $100,400, and unfavorable permanent differences of $80,200. The corporation's current income tax expense or benefit would be:

Multiple Choice

$123,810 tax benefit.

$121,926 tax expense.

$140,826 tax expense.

$105,084 tax benefit.