2. Paladin, Inc. reported taxable income of $1,000,000 this year and paid federal income taxes of 210,000 . The company reported a capital gain from sale of investments of $150,000, which was partially offset by a $100,000 net capital loss carryover from last year, resulting in a net capital gain of $50,000 included in taxable income. Compute the company's current E\&P. (3pts) 3. What income tax issues must a corporation consider before it makes a noncash distribution to a sharcholder? (2pts) 2. Paladin, Inc. reported taxable income of $1,000,000 this year and paid federal income taxes of 210,000 . The company reported a capital gain from sale of investments of $150,000, which was partially offset by a $100,000 net capital loss carryover from last year, resulting in a net capital gain of $50,000 included in taxable income. Compute the company's current E\&P. (3pts) 3. What income tax issues must a corporation consider before it makes a noncash distribution to a sharcholder? (2pts)