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Pink,Inc,A Calendar Year C Corporation,manufactures Golf Gloves

Question 7

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Pink,Inc.,a calendar year C corporation,manufactures golf gloves.For the current year,Pink had taxable income (before DPAD) of $900,000,qualified domestic production activities income of $750,000,and W-2 wages related to qualified production activities income of $140,000.Pink's domestic production activities deduction for the current year is:


A) $0.
B) $12,600.
C) $67,500.
D) $70,000.
E) None of the above.

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