Crane and Loon Corporations, two unrelated C corporations, have the following transactions for the current year.

Crane Loon Gross income from operations Expenses from operations Dividends received from domestic corporations (15% ownership) $293,500 $469,600 410,900 493,080 176,100 352,200 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. EXHIBIT 17.2Dividends Received Deduction Percentage of Ownership by Corporate Shareholder Less than 20% 20% or more (but less than 80%) 80% or more" Deduction Percentage 50% 65% 100% The payor corporation must be a member of an ffiliated group with the recipient corporation