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Exercise 17-27 (Algorithmic) (LO. 6) Prance, Inc., earns pretax book net income of $1,757,000 in 2018. Prance acquires a depreciable asset that year, and first-year tax depreciation exceeds book depreciation by $175,700. Prance reported no other temporary or permanent book-tax differences. The relevant U.S. Federal corporate income tax rate is 21% and Prance earns an after-tax rate of return on capital of 8%. Compute the following for Prance, Inc. If required, round your answers to the nearest dollar. a. Current income tax expense b. Deferred income tax expense C. Total income tax expense