Pink,Corporation,a Calendar Year Taxpayer,made Quarterly Estimated Tax Payments of $300

Pink,Corporation,a calendar year taxpayer,made quarterly estimated tax payments of $300 each quarter in 2008,for a total of $1,200.Pink filed its 2008 tax return in 2009 and the return showed a tax liability for 2008 of $1,600.At the time of filing,March 15,2009,Pink paid an additional $400 in Federal income taxes.How does the additional payment of $400 impact Pink's E & P?

A) Pink's 2008 E & P is increased by $400.
B) Pink's 2009 E & P is increased by $400.
C) Pink's 2008 E & P is decreased by $400.
D) Pink's 2009 E & P is decreased by $400.
E) None of the above.