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6) Green Corporation has taxable income before DRD of $174,000. Included in that amount is a dividend of $20,000 from a large publicly-traded domestic corporation.

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6) Green Corporation has taxable income before DRD of $174,000. Included in that amount is a dividend of $20,000 from a large publicly-traded domestic corporation. Green has a 1% interest in the domestic corporation. Green also made a $50,000 cash contribution to a qualified charitable organization. The contribution is not included in the net income amount given. What is the taxable income of Green Corporation? Answer 7) Breeze Company has taxable income before DRD of $300,000. Included in that amount is a $10,000 dividend from a domestic corporation owned 10% by Breeze and a $20,000 dividend from a domestic corporation owned 60% by Breeze. What is the taxable income of Breeze Company

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