Hi I need understand this problem for my curse.

Arriaga Corporation has 155,000 shares of common stock outstanding and pays quarterly dividends of $.28 per share. At the beginning of the current year, the balance in its accumulated E&P account is $35,000. Arriaga would like to have sufficient E&P to pay its dividends in the current year. To do so, what minimum amount of E&P must the corporation generate in the current year?