Calculate E & P from the following information
Taxable Income					400,000
Federal Income Tax					84,000
Disallowed portion of meals				6,000
Penalties						1,000
Premium paid on life insurance of key emp			2,000
Excess of capital loss over capital gain			6,000
MACRS Depreciation					90,000
Straight line Depreciation(excess of Macrs over St Line)		50,000
Life Insurance proceeds on key employee			160,000
Dividend Received deduction (less than 20% Owned)		60,000