What is canteen''s total us gross income reported as a result

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Canteen, Inc., a US corporation, owns 100% of NewGrass, Ltd., a foreign corporation. NewGrass earns only general limitation income. During the current year, NewGrass paid Canteen a $10000 Dividend. The 902 credit associated with this dividend is $3000. The foreign jurisdiction requires a withholding tax of 20%, so Canteen received only $8000 in cash as a result of the dividend. What is Canteen's total US gross income reported as a result of the $8000 cash dividend?

Reference no: EM13130410

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