Abbot Corporation reported a net operating loss of $560,000 in 20X3, which the corporation elected to carryforward to 20X4. Included in the computation of the loss was regular depreciation of $260,000 (E&P depreciation is $65,000), first year expensing under 179 of $66,000, and a dividends received deduction of $11,600. The corporation's current earnings and profits for 20X3 would be: