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Business, 15.07.2020 01:01 irene3492

In each of the following independent situations, determine the dividends received deduction for 2018. Assume that none of the corporate shareholders owns 20% or more of the stock in the corporations paying the dividends. Almond
CorporationBlond
CorporationCherry
Corporation
Income from operations$700,000$800,000$900,000< br /> Expenses from operations(600,000)(800,000)(910,00 0)
Qualifying dividends100,000100,000
100,000

a. The dividends received deduction for Almond Corporation is $

b. The dividends received deduction for Blond Corporation is $

c. The dividends received deduction for Cherry Corporation is $

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Answers: 1

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