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QUESTION 1 Woodward Corporation reported pre-tax book income of $900,000 Included in the computation were favorable temporary differences of $200,000 unfavorable temporary differences of $50,000,

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QUESTION 1 Woodward Corporation reported pre-tax book income of $900,000 Included in the computation were favorable temporary differences of $200,000 unfavorable temporary differences of $50,000, and favorable permanent differences of $100,000. Assuming a tax rate of 21%, compute the company's current income tax expense or benefit (Enter the answer as a positive)

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