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27. Door Co.s taxable income was $1,000,000 this year and it paid $340,000 in federal income taxes. Related information for the year follows: $4,000 fines

27. Door Co.s taxable income was $1,000,000 this year and it paid $340,000 in federal income taxes. Related information for the year follows:

$4,000 fines (not deducted to compute taxable income)

$7,000 NOL carryover (deducted to compute taxable income)

$10,000 municipal bond interest income

$15,000 net long-term capital loss

$20,000 depreciation (deducted to compute taxable income) in excess of E&P allowance

$30,000 domestic production activities deduction (deducted to compute taxable income)

$50,000 dividend income from a 21%-owned domestic corporation (included in taxable income)

What is Door Co.s current E&P for the current year?

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