Rohr Corporation has 120,000 shares of common stock outstanding and pays quarterly dividends of $0.20 per share. At the beginning of the current year, the balance in its accumulated E&P account is $22,000. Requirement Rohr would like to have sufficient E&P to pay its dividends in the current year. To do so, what minimum amount of E&P must the corporation generate in the current year? The minimum amount of E&P the corporation must generate in the current year is