partnership and corporation taxations

Gator Incorporated reported taxable income of $1,000,000 this year and paid federal income taxes of $210,000. Included in the company's computation of taxable income is gain from the sale of a depreciable asset of $50,000. The income tax basis of the asset was $100,000. The E\&P basis of the asset using the aiternative depreciation system was $175,000. Compute the company's current E\&P Note: Negative amount should be indicated with a minus sign