LO.2 In addition to the temporary differences identified in Problems 30-33, Relix reported two permanent differences between

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LO.2 In addition to the temporary differences identified in Problems 30-33, Relix reported two permanent differences between book and taxable income. It earned $2,375 in tax-exempt municipal bond interest, and it incurred $780 in non- deductible business meals expense. Relix's book income before tax is $4,800. With this additional information, calculate Relix's current tax expense.

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