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6. (6 points) In each of the following situations, determine the dividends received deduction for the corporation? Dividends are received from corporations in which
6. (6 points) In each of the following situations, determine the dividends received deduction for the corporation? Dividends are received from corporations in which less than 20% of the outstanding shares were owned by the corporation. Almond Corp Banana Corp Cherry Corp Income from Operations $700,000 $800,000 $900,000 Expenses from Operations (600,000) (860,000) (910,000) Dividends received 100,000 100,000 100,000
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