Harrison Corporation reported pretax book income of $627,500.Tax depreciation exceeded book depreciation by $490,000. Inaddition, the company received $290,000 of tax-exempt municipalbond interest. The company?s prior year tax return showed taxableincome of $61,000. Assuming a tax rate of 34 percent, compute thecompany?s deferred income tax expense or benefit.
Deferred income tax expense __________________?