JM, Inc (a calendar year, accrual basis taxpayer) had the following transactions in 2021, its second year of operation:

Taxable Income	$500,000
Federal Income Tax Liability Paid	50,000
Non-Deductible Bribes	$5,000
Excess charitable contribution	$15,000
MACRS deduction	$20,000
Straight line depreciation using ADS lives	$10,000
Dividends received from domestic corporations (50% owned)	$100,000

In addition, JM paid a cash dividend in the amount of $200,000 at the end of the year.

Required: What is JMs current E&P for 2021?