Multiple Choice
During the current year, Mars Corporation receives dividend income of $20,000 from an 85%-owned domestic corporation. What is Mars' maximum allowable dividend-received deduction for the current year?
A) $- 0 -
B) $10,000
C) $13,000
D) $14,000
E) $20,000
Correct Answer:
Verified
Correct Answer:
Verified
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