Question 1 (1 point) Copley Corporation had taxable income per return of $250,000. Other information which may or may not figure into taxable income is listed below. (THIS PROBLEM REQUIRES TAXABLE INCOME TO BE ADJUSTED TO DERIVE CURRENT E&P. REMEMBER THAT E&P IS CALCULATED MUCH MORE LIKE FINANCIAL ACCOUNTING INCOME AND CERTAIN TAX RULES (FOR EXAMPLE, CORPORATIONS CANNOT DEDUCT NET CAPITAL LOSSES, CORPORATIONS GET TO EXCLUDE A CERTAIN PORTION OF DIVIDENDS RECEIVED) DO NOT APPLY TO CALCULATING CURRENT E&P. IF YOU GET STUCK, CHECK CONCEPT SUMMARY 19.1 IN YOUR TEXT FOR HELP. EXAMPLE 9 IS HELPFUL TOO). Capital gains: $20,000 Capital losses: $35,000 Tax exempt interest: $10,000 Federal income taxes: $52,500 Section 179 deduction (current tax year): $100,000 Total dividends received (