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Volunteer Corporation reported taxable income of $$425,000$ from operations this year. During the year, the company made a distribution of land to its sole shareholder, Rocky. The land's fair market value was $$98,500$ and its tax and E&P basis to Volunteer was $$29,000.$ Rocky assumed a mortgage attached to the land of $$19,700.$ The company had accumulated E&P of $$812,000$ at the beginning of the year.

b$.$ Compute Volunteer's current E&P$.$