$3.$ War Eagle, Inc. reported the following for $20$X$3$:a$.$ taxable income of $$2,000,000$ b$.$ paid federal income taxes of $$420,000.$c$.$ a net operating loss carryover of $$100,000$ d$.$ Section $179$ expensed of $$300,000$ last yeare. Actual business interest expense for book was $$20,000,$ but for tax, they could only deduct $$15,000$ because of the limitation on business interest expense.f$.$ Increase in LIFO recapture of $$12,000$g$.$ Tax Exempt Income of $$1,000$h$.$ Operating expenses for tax were $$100,000,$ which included $$10,000$ of MACRs depreciation for tax. Depreciation under the alternative $($E&P$)$ depreciation method was $$15,000.$ Compute the company's current E&P for $20$X$3.$