LO.2 Skipper, Inc., earns pretax book net income of $500,000 in 2012. Skipper acquires a depreciable asset in 2012, and first-year tax depreciation exceeds book depreciation by $80,000. Skipper has no other temporary or permanent differences. Assuming that the U.S. tax rate is 35%, compute Skipper’s total income tax expense, current income tax expense, and deferred income tax expense.