Abbot Corporation reported a net operating loss of $490,000 in 20X3, which the corporation elected to carry forward to 20X4. Included in the computation of the loss was regular depreciation of $190,000 (E&P depreciation is $30,000), first year expensing under 179 of $59,000, and a dividends received deduction of $10,900. The corporation's current earnings and profits for 20X3 would be:

$(579,000)

$(490,000)

$(271,900)

$(319,100)