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Redding, Inc., reported taxable income of $500,000 in 2021 and paid federal income taxes of $170,000. Not included in the taxable income computation was a

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Redding, Inc., reported taxable income of $500,000 in 2021 and paid federal income taxes of $170,000. Not included in the taxable income computation was a disallowed entertainment expense of $2,000, tax exempt income of $1,000,$10,000 of premiums paid on officers' life insurance policies for which the corporation is the beneficiary, $8,000 in fines paid by Redding for violations of OSHA (a government agency), and 1,000 of excess capital losses generated during the year. The company's dividends received deduction for the year was $28,000. Included in the $500,000 taxable income amount was $20,000 of installment gain from a sale that occurred in 2019. The taxable income amount also reflects $15,000 net operating loss carryforward from 2019 and a charitable contributions carryforward of $4,000 from 2019 Required: Using the chart below, calculate the company's E\&P. Note: (A) Do not use commas, (B) Do not use currency symbols and (C) for negative numbers use parenthesis. For instance, a negative $250,000 will be

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