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Woodward Corporation reported pretax book income of $1,095,000. Included in the computation were favorable temporary differences of $255,000, unfavorable temporary differences of $78,000, and favorable
Woodward Corporation reported pretax book income of $1,095,000. Included in the computation were favorable temporary differences of $255,000, unfavorable temporary differences of $78,000, and favorable permanent differences of $140,000. Compute the companys current income tax expense or benefit.
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