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rance, Inc., earned pretax book net income of $ 1 , 8 5 7 , 0 0 0 in 2 0 2 0 . Prance

rance, Inc., earned pretax book net income of $1,857,000 in 2020. Prance acquired a depreciable asset that year, and first-year tax depreciation exceeded book depreciation by $185,700. Prance reported no other temporary or permanent book-tax differences. The pertinent U.S. Federal corporate income tax rate is 21% and Prance earned an after-tax rate of return on capital of 8%.
If required, round your answers to the nearest dollar.
Compute Prance's current income tax expense for the year.
$fill in the blank 1
428,966

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