Johnson Company reported taxable income of $400,000 in 2021 and federal income taxes of $84,000. Included in the computation was regular depreciation of $60,000 (E&P depreciation is $200,000), first year expensing under 179 of $1,050,000, and a net capital loss carryover of $20,000 from 2020. The corporation's current earnings and profits for 2021 would be