A corporation loses $$75,000$ from operations. It receives $$100,000$ in dividends from a $20\%-$owned corporation.

Its taxable income is $$25,000($$$100,000$ $$75,000)$ before the deduction for dividends received. If it claims the

full dividends$-$received deduction of $$65,000($$$100,000\backslash$times $65\%)$ and combines it with an operations loss of $$75,000,$

it will have a net operating loss $($NOL$)$ of $($$$40,000).$ Therefore, the corporation$$s allowable dividends$-$received

deduction is what amount?

A$.$ $$0$

B$.$ $$40,000$

C$.$ $$65,000$

D$.$ $$100,000$