Problem $17-44($LO $17-2)($Algo$)$

Cass Corporation reported pretax book income of $$8,700,000.$ During the current year, the reserve for bad debts increased by $$117,500.$ In addition, tax depreciation exceeded book depreciation by $$430,000.$ Cass Corporation sold a fixed asset and reported book gain of $$74,250$ and tax gain of $$104,250.$ Finally, the company received $$252,000$ of tax$-$exempt life insurance proceeds from the death of one of its officers. Compute the company's current income tax expense or benefit.

Note: Round your final answer to nearest whole dollar amount. Amounts to be deducted should be indicated by a minus sign.