15. Jones Corporation, a U.S. C-corporation, owns 25% of the stock of Bien Corporation, a French corporation that earns all of its income in Europe. Jones Corporation earned $1 million of operating income this year. In addition, it received a $500,000 dividend from Bien Corporation. Jones Corporation will be allowed a dividends-received deduction of

Select one:

a. $500,000.

b. $0.

c. $250,000.

d. $325,000.