This year, Sooner Company reports current E&P of negative $318,000. Its accumulated E&P at the beginning of the year was $186,000. Sooner distributed $372,000 to its sole shareholder, Boomer Wells, on June 30 of this year. Boomers tax basis in his Sooner stock is $94,500. (Leave no answer blank. Enter zero if applicable. Negative amounts should be indicated by a minus sign.) c. What is Sooners balance in accumulated E&P on the first day of next year?