Tesla reported pre-tax book income of $462,300. During the current year, the reserve for bad debts increased by $8,540, and Tesla wrote off accounts receivable by $20,000. In addition, book depreciation exceeded tax depreciation by $32,100. Finally, Tesla received $16,250 of tax-exempt life insurance proceeds from the death of one of its key employees. 1. What would Tesla's current income tax expense or benefit be? 2. What would Tesla's deferred income tax expense or benefit be? 3. What Is Tesla's ETR? (Round to one decimal point - e.g., 42.1%).

Tax rate 21%