Crane and Loon Corporations, two unrelated C corporations, have the following transactions for the current year. Crane Loon Gross income from operations $196,000 $313,600 Expenses from operations 274,400 329,280 Dividends received from domestic corporations (15% ownership) 117,600 235,200 Click here to access the dividends received deduction table. a. Compute the dividends received deduction for Crane Corporation. $ b. Compute the dividends received deduction for Loon Corporation. Crane and Loon Corporations, two unrelated C corporations, have the following transactions for the current year. Crane Loon Gross income from operations $196,000 $313,600 Expenses from operations 274,400 329,280 Dividends received from domestic corporations (15% ownership) 117,600 235,200 Click here to access the dividends received deduction table. a. Compute the dividends received deduction for Crane Corporation. $ b. Compute the dividends received deduction for Loon Corporation