Determine the dividends received deduction

Reference no: EM13122622

In each of the following independent situations, determine the dividends received deduction. Assume that none of the corporate shareholders owns 20% or more of the stock in the corporations paying the dividends.

                                      Green Corporation    Orange Corporation   Yellow Corporation
Income from operations             $500,000              $500,000                 $500,000
Expenses from operations          (400,000)             (450,000)                 (510,000)
Qualifying dividends                   100,000                100,000 100,000

Reference no: EM13122622

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