LO.2 For each of the following independent situations, determine the domestic production activities deduction (DPAD) for 2012.

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LO.2 For each of the following independent situations, determine the domestic production activities deduction (DPAD) for 2012.

Corporation Qualified Production Activities Income Taxable Income

(without any DPAD)

Relevant W–2 Wages Parula $700,000 $600,000 $200,000 Knot 600,000 650,000 100,000 Junco 500,000 600,000 80,000

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