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Respond to the following in a minimum of 175 words: Discuss the legal and non-tax characteristics of different types of legal entities. Packard Corporation reported

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Respond to the following in a minimum of 175 words: Discuss the legal and non-tax characteristics of different types of legal entities. Packard Corporation reported pretax book income of $502,000. Included in the computation were favorable temporary differences of $12,000, unfavorable temporary differences of $102,000, and unfavorable permanent differences of $81,000. The corporation's current Income tax expense or benefit would be: Multiple Choice $141,330 tax expense. $124.650 tax benefit O $122.430 tax expense $105.420 tax benefit

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