Ajax Corp. has $500,000 operating income and $440,000 operating expenses during the year. Ajax, which owns 15% of Begonia, Inc.'s stock, also received a $50,000 dividend from Begonia. Compute Ajax's taxable income for the year (after any dividends received deduction (DRD)). $35,000 (B) $50,000 (C) $28,000 (D) $85,000