Gator incorporated reported taxable income of $1,150,000 this year and poid federal income taxes of $241,500. Included in the company's computation of texable income is gain from the sale of a depreciable asset of $67,500. The income tox basis of the asset was $135,000. The E\&P basis of the asset using the aiternative depreciation system was $234,500. Compute the company's current E\&P. Note: Negotive amount should be indicated with a minus sign. Gator Incorporated reported taxable income of $1,150,000 this year and paid federal income taxes of $241,500 company's computation of taxable income is gain from the sale of a depreciable asset of $67,500. The income asset was $135,000. The E\&P basis of the asset using the alternative depreciation system was $234,500. Com company's current E\&P. Note: Negative amount should be indicated with a minus sign