Required information Problem 18-45 (LO 18-2) (Algo) [The following information applies to the questions displayed below.] Volunteer Corporation reported taxable income of $455,000 from operations this year. The company paid federal income taxes of $95,550 on this taxable income. During the year, the company made a distribution of land to its sole shareholder, Rocky Topp. The land's fair market value was $123,000 and its tax and E&P basis to Volunteer was $45,000. Rocky assumed a mortgage attached to the land of $24,600. The company had accumulated E&P of $820,000 at the beginning of the year. Problem 18-45 Part-b (Algo) b. Compute Volunteer's current E&P. Current E&P _