Crane and Loon Corporations, two unrelated C corporations, have the following transactions for the current year. Gross income from operations Expenses from operations Dividends received from domestic corporations (15% ownership) Crane Loon $236,000 $377,600 330,400 396,480 141,600 283,200 Click here to access the dividends received deduction table. a. Compute the dividends received deduction for Crane Corporation. 79,050 X $ b. Compute the dividends received deduction for Loon Corporation. 147,560 X