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correct Question 15 0/0.15 pts W Co., a C corporation, owns 51% of Sub Corp. and 85% of Subsidiary Co., both domestic C corporations. W
correct Question 15 0/0.15 pts W Co., a C corporation, owns 51% of Sub Corp. and 85% of Subsidiary Co., both domestic C corporations. W Co. had taxable income of over $100,000,000 this year (before dividends received deduction). W Co. had the following dividend income this year: $500,000 dividend income from Sub Corp. $1,000,000 dividend income from Subsidiary Co. What is that amount of W Co.'s dividends received deduction? 1,400,000
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