Hello,

Please help, my answer first one $950,000 is correct, then second one my answer $199,500, since no tax rate given, so assuming should be 21% or 34%

Ann Corporation reported pretax book income of $1,120,000. Included in the computation were favorable temporary differences of $372,500, unfavorable temporary differences of $249,000, and favorable permanent differences of $170,000. Compute the company's book equivalent of taxable income. Use this number to compute the company's total income tax provision or benefit.

Book equivalent of taxable income: $950,000

Total income tax provision or benefit: $199,500