Abbot Corporation reported a net operating loss of $460,000 in 203, which the corporation elected to carry forward to 204. Included in the computation of the taxable loss was regular depreciation of $160,000 (E\&P depreciation is $70,000 ), first-year expensing under $179 of $56,000, and a dividends received deduction of $10,600. The corporation's current E\&P for 203 would be: Multiple Choice ($323,400). ($303,400). ($460,000)