Abbot Corporation reported a net operating loss of $420,000 in 20X3, which the corporation elected to carryforward to 20X4. Included in the computation of the taxable loss was regular depreciation of $120,000 (E&P depreciation is $50,000), first year expensing under 179 of $52,000, and a dividends received deduction of $10,200. The corporation's current earnings and profits for 20X3 would be.