Question 8 1 pts Muhammad Corp. prepared the following reconciliation of income per books with income per tax return for the year ended December 31, 2021: Book income before income taxes $2,700,000 240,000 Construction contract revenue which will reverse in 2022 Depreciation expense which will reverse in equal amounts in each of the next four years (960,000) Taxable income $1,980,000 Muhammad's effective income tax rate is 35% for 2021. What amount should Muhammad report in its 2021 income statement as the current provision for income taxes? $945,000 $693,000 $84,000 $777,600