Packard corporation reported pretax book income of $501,400. included in the computation were favorable temporary differences of $11,400, unfavorable temporary differences of $101,400, and unfavorable permanent differences of $80,700. the corporation's current income tax expense or benefit would be:

The answer is: The amount of: $ 330,700.

Step-by-step explanation:

Packard Corporation had a pre-tax book income of $ 501,400. Then he has a favorable amount of $ 11,400 that he would therefore add, and unfavorable amounts of $ 101,400 and $ 80,700 that would be subtracted. The current expense or benefit of the corporation's income tax would be: 501,400 + 11,400 - 101,400 - 80,700 = $ 330,700.

The answer is: The amount of: $ 330,700.

answer 1 : option "c"

answer 2 : option "d"

answer 3 : option "b"

answer 4 : option "d"

answer 5 : option "b"

answer 6 : option "a"

answer 7 : option "c"

answer 8 : option "d"

answer 9 : option "c"

answer 10 : option "d"

answer 11 : option "c"

answer 12 option "b"

answer 13 option "c"

answer 14 option "c"

answer 15 option "d"

answer 16 option "a"

answer 17 option "b"

answer 18 option "c"

answer 19 option "a"

answer 20 option "a"

answer 21 option "c"

d