Multiple Choice
Craig Corporation realizes $150,000 from sales during the current year.Craig also receives $20,000 of dividends from a 3% owned corporation.Operating expenses totals $155,000.Craig's dividends-received deduction is
A) $10,500
B) $12,000
C) $14,000
D) $16,000
E) $20,000
Correct Answer:
Verified
Correct Answer:
Verified
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