Return to question Problem 17-53 (LO 17-2) (Algo) Harrison Corporation reported pretax book Income of $535,000. Tex depreciation exceeded book depreciation by $455,000. In addition, the company received $275,000 of tax-exempt municipal bond interest. The company's prior-year tax return showed taxable Income of $66,000. Assuming a tax rate of 21 percent, compute the company's deferred Income tax expense or benefit Answer is complete but not entirely correct. Deferred income tax expenso $ 81,600