. Boom, Inc. reported taxable income of $400,000 this year and the following additional information: TNT City Bond Interest: $15,000 Meals expense: $10,000 Entertainment expense: $5,000 Net capital loss: $1,000 Tax depreciation: $100,000: Alternative (ESP) depreciation: $60,000 . What is Boom's current E&P? $444,000 $360,000 None of the available choices are correct. $280.000 O $355,000