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( 1 0 points, 2 point each ) Chapter 5 . SPA Corporation had the following transactions in 2 0 1 6 , its second

$(10$ points, $2$ point each $)$ Chapter $5 .$ SPA Corporation had the following transactions in $2016,$ its second year of

operation. Determine its current E&P for $2016 .$

Determine SPA's current E&P in $2016$ using the following table. Specifically, adjust each item below from

Taxable Income to arrive at current E&P $.$

What is c $?$

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