Greenwich Corporation reported a net operating loss of $800,000 in 20x3, which the corporation elected to carry forward to 20x4. The computation of the loss did not include a disallowed fine of $50,000, life insurance proceeds of $500,000, and a current year charitable contribution of $10,000 that will be carried forward to 20x4. The corporation's current earnings and profits for 20x3 would be: A) negative $250,000 B) negative $260,000 C) negative $300,000 (this is NOT the answer) D) negative $360,000