In 2022, Corporation X has taxable income as reported on its return of 100. In calculating taxable income, X made the following adjustments to its pre-tax book income of 200:

Pre-tax book income		200
Tax exempt bond interest		-20
Dividend received deduction on 100 distribution from 10% owned corporation		-50
Depreciation adjustment
Straight-line (book)	20
Accelerated (tax)	-50	-30
Nondeductible fine		10
Business interest expense limitation see Note 1		30
Charitable contribution limitation see Note 2		10
Taxable income before NOL		150
Net operating loss from 2021		-50
Taxable income per return		100

Note 1: X incurred business interest expense of 100 on its books, but determined that under section 163(j), only 70 is deductible in the current year.

Note 2: X made a charitable contribution to a charity of 20 but under section 170 the deduction was limited to 10.

X paid federal income tax of $21 on its 2022 taxable income.

What are Xs earnings and profits for 2022?

Show your calculation.