Gator Inc. reported taxable income of $1,250,000 this year and paid federal income taxes of $262,500. Included in the company's computation of taxable income is gain from the sale of a depreciable asset of $65,500. The income tax basis of the asset was $131,000. The E&P basis of the asset using the alternative depreciation system was $231,900. Compute the company's current E&P. (Negative amount should be indicated with a minus sign.) Current E & P