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Abbot Corporation reported a net operating loss of $600,000 in 203, which the corporation elected to carry forward to 204. Included in the computation of the taxable loss was regular depreciation of $300,000 (E\&P depreciation is $85,000 ), first-year expensing under $179 of $70,000, and a dividends received deduction of S12,000. The corporation's current E8P for 203 yould be: Multiple Choice (\$600,000) $433,000} (53,7,000) $230,000) Tuna Corporation reported pretax book income of $1,017,000. During the current year, the net reserve for warranties increased by $33,500. In addition, book depreciation exceeded tax depreciation by $117,000. Finally, Tuna subtracted a dividends received deduction of $23,500 in computing its current-year taxable income. Book equivalent of taxable income is: Multiple Choice $1,040,500 $1,144,000. $993,500. $1,167,500