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Smith Company reported pretax book Income of $418,000. Included in the computation were favorable temporary differences of $53,600, unfavorable temporary differences of $21,800, and favorable

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Smith Company reported pretax book Income of $418,000. Included in the computation were favorable temporary differences of $53,600, unfavorable temporary differences of $21,800, and favorable permanent differences of $41,800. Smith's deferred Income tax expense or benefit would be: 5:44 Multiple Choice Net deferred tax expense of $6.678. Net deferred tax benefit of $6.678 Net deferred tax expense of $15.834 Net deferred tax benefit of $15.834

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