Cody has taxable income of 280,000. The following items non deductible fines. 11,000 municipal bond interest, 8$0,00 dividend received deduction, $13,000 non deductible capital losses, 12,000 Federal income tax paid, 72,000 bonus and MA CRS depreciation and excessive straight line. 23,000 Charitable contribution carryover deducted in current year 4$000 Non deductible meals and entertainment 13,000 Calculate Cody's E$P for the year