Hafnaoui Company reported pretax net income from continuing operations of $ 9 0 3 , 5 0
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Question:
Hafnaoui Company reported pretax net income from continuing operations of $ and taxable income of $ The booktax difference of $ was due to a $ favorable temporary difference relating to depreciation, an unfavorable temporary difference of $ due to an increase in the reserve for bad debts, and a $ favorable permanent difference from the receipt of life insurance proceeds.
a Compute Hafnaoui Company's current income tax expense.
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