kantner, inc., is a domestic corporation with the following temporary timing differences for the current year.the building depreciation for tax purposes exceeds book depreciation by $3,000.the furniture and fixtures depreciation for tax purposes exceeds book depreciation by $1,600.the accrued warranty expenses in the amount of $10,000 are deductible for book purposes but not yet deductible for tax.in addition to the temporary differences, kantner reported two permanent differences between book and taxable income. it earned $7,800 in tax-exempt municipal bond interest, and reported $850 of nondeductible business meals expense. kantner's book income before tax is $50,000. assume a 21% federal corporate tax rate, no state or foreign taxes, and no need for a valuation allowance.