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a. What is Riverbend's deductible DRD assuming it owns 10 percent of Hobble Corporation? b. Assuming that it owns 10 percent of Hobble Corporation, what

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a. What is Riverbend's deductible DRD assuming it owns 10 percent of Hobble Corporation?

b. Assuming that it owns 10 percent of Hobble Corporation, what is Riverbend's marginal tax rate on the dividend after taking the DRD into account?

c. What is Riverbend's DRD assuming it owns 31 percent of Hobble Corporation?

d. Assuming that it owns 31 percent of Hobble Corporation, what is Riverbend's marginal tax rate on the dividend?

e. What is Riverbend's DRD assuming it owns 90 percent of Hobble Corporation (and is part of the same affiliated group)?

f. Assuming that it owns 90 percent of Hobble Corporation (and is part of the same affiliated group), what is Riverbend's marginal tax rate on the dividend?

Required information [The following information applies to the questions displayed below.] Riverbend Incorporated received a $372,500 dividend from stock it held in Hobble Corporation. Riverbend's taxable income is $2,820,000 before deducting the dividends-received deduction (DRD), a $47,500NOL carryover, and a $146,000 charitable contribution. Use Note: Round your tax rates to 2 decimal places. Leave no answer blank. Enter zero if applicable

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