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Smith Company reported pretax book income of $415,000. Included in the computation were favorable temporary differences of $53,000, unfavorable temporary differences of $21,500, and favorable

Smith Company reported pretax book income of $415,000. Included in the computation were favorable temporary differences of $53,000, unfavorable temporary differences of $21,500, and favorable permanent differences of $41,500. Smith's deferred income tax expense or benefit would be?

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