6. Erin Inc.'s gross income from operations was $500,000 and its operating expenses were S550,000. All its activities qualify as dom estic production activities. It also received a $200,000 dividend from a 30%- owned corporation. What is Erin Inc.'s dividend-received deduction? o a. $130,000 b $97,500 . S60,000 d. $100,000 10. Lily acquired 100 common stock in ABC Corporation for $3,000. After two year, she received stogk dividend of 50% which is not taxable. Her basis per share is a $3,000 b. $20 . $30 ed $1,500