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Compute the company deferred income tax expense or benefit

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Question - Shaw Corporation reported pretax book income of $1,100,000. Included in the computation were favorable temporary differences of $238,000, unfavorable temporary differences of $237,000, and favorable permanent differences of $177,000. Assuming a tax rate of 21 percent, compute the company's deferred income tax expense or benefit.

Reference no: EM133152695

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