Gator Inc. reported taxable income of $600,000 this year and paid federal income taxes of $126,000. Included in the companys computation of taxable income is gain from the sale of a depreciable asset of $55,500. The income tax basis of the asset was $111,000. The E&P basis of the asset using the alternative depreciation system was $208,500. Compute the companys current E&P. (Negative amount should be indicated with a minus sign.)

Taxable income	$600,000
Federal income taxes
Regular tax gain from sale of asset
E&P loss from sale of asset
Current E&P