Woodward Corporation reported pretax book income of $1,672,500. Included in the computation were favorable temporary differences of $220,000, unfavorable temporary differences of $60,000, and favorable permanent differences of $175,000. Compute the company's current income tax expense or benefit. (Round your final answers to nearest whole dollar amount. Amounts to be deducted should be indicated by a minus sign.) Pretax book income Favorable temporary differences Unfavorable temporary differences Favorable permanent differences Taxable income Tax rate %